Chapter 3 TFQ

If a mortgage modification increases the interest rate, it may lead to a priority issue.

Extending the maturity date is one of the eight safe harbors that technically does not trigger substitution loan rates.

Every single mortgage modification triggers substitution loan rates according to the regulations.

To terminate a NOC, you need to file a notice of termination, attach a contractor's final affidavit, and an owner's construction affidavit.

An open notice of commencement is commonly insured without requiring extensive documentation.

Cross-collateralization and cross-default agreements are typically insurable in Florida.

Insuring airspace for properties like condo towers and easements requires accurate legal descriptions.

Approval for a transaction that exceeds your authority must be obtained through High Liability Approval (HLA).