Strategic Default

Strategic Default – David Reecher A deliberate default by a borrower. As the name implies, a strategic default is done as a financial strategy and not involuntarily. Strategic defaults are commo... Read More

Step-Up Lease

Step-Up Lease – David Reecher A step-up lease is a lease agreement which stipulates that the rental rate will increase by predetermined amounts at various points in the future. Through the rent ... Read More

Warranty Deed

Warranty Deed – David Reecher A document that may be used to legally transfer property. A warranty deed states that the owner can legally transfer the property and that no other entity has a cla... Read More

Triple Net Lease

Triple Net Lease – David Reecher A triple net lease is a lease agreement that designates the lessee, which is the tenant, as being solely responsible for all the costs relating to the asset bein... Read More