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We want to sell a commercial real estate note. How much notice (if any) do we have to provide to the borrower? – IBA Compliance Connection

We want to sell a commercial real estate note. How much notice (if any) do we have to provide to the borrower?

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We are not aware of any law or regulation that requires any particular notice to the borrower when selling a commercial real estate note. Consequently, any notice requirements likely will be governed only by your loan agreement.