A provision in an instrument that nullifies it if specified acts are performed.
Related information about defeasance:
- Defeasance - Wikipedia, the free encyclopedia
[edit] Defeasance of Commercial Mortgage Loans. [edit] Defeasance of a Securitized Commercial Mortgage Loan. Defeasance of a securitized commercial ...
- Defeasance Definition | Investopedia
A provision that voids a bond or loan when the borrower sets aside cash or bonds sufficient enough to service the borrower's debt.Also referred to as " defease."
- defeasance - Legal Dictionary - The Free Dictionary
defeasance n. an antiquated word for a document which terminates the effect of an existing writing such as a deed, bond, or contract if some event occurs.
- Commercial Defeasance, LLC
The industry leader in the defeasance of commercial real estate loans.
- Defeasance - Merriam-Webster Online
a (1) : the termination of a property interest in accordance with stipulated conditions (as in a deed) (2) : an instrument stating such conditions of limitation ...
- Defeasance of municipal bonds.
Defeasance of municipal bonds. Article describing the method to legally extinguish debt.
- Defeasance Services – Wells Fargo Commercial
Wells Fargo can help you with the complex process of defeasing a CMBS loan.
- Demystifying Defeasance | CCIM Institute
Defeasance provisions in the underlying mortgages are advantageous to both borrowers and certificate holders. Defeasance provisions give borrowers the ...