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Commitment Letters
This was “constructed” by Leasing News Advisory Board attorney Kenneth Greene, now at partner at Hamrick & Evans, LLP, Universal City, California, with offices also in Northern California. http://www.leasingnews.org/Conscious-Top%20Stories/Greene_Lease_agreement.htm Commitment letter for middle to large size leases: This form is one of the most widely used in the leasing industry and covers most of the bases. Note: Last sentences about the signatures makes this more a “proposal,” than commitment. If required, these sentences may be removed. http://two.leasingnews.org/loose_files/Generic%20commit%20Letter.DOC This form charges a fee to process the application: http://two.leasingnews.org/loose_files/Lease_app_agreement.rtf Loans or “Working Capital” commitment letters are explicit and require the broker to often be licensed. This form is for use in California: http://two.leasingnews.org/loose_files/Authorization_to_find_lender.rtf To contact Ken Greene about “The Greene Commitment Letter:”
Kenneth C. Greene, Partner Northern Office: |
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