Carlson Dash provides attorney legal opinions for real estate and asset-based loan transactions in Illinois, Wisconsin, and Michigan on a flat fee basis.
Our Lender Legal Opinion Team is comprised of seasoned banking, real estate, bankruptcy, and workout attorneys, some of whom are former in-house bank attorneys. As a team, we have nearly 100 years of practical experience representing financial institutions, and have developed a deep understanding of the vast issues that can arise over the lifespan of a loan transaction – from conception through maturity.
Our experience and streamlined approach allows us to expedite the due diligence and finalization of lender legal opinions to get to the closing table quickly and with peace of mind – and at a competitive flat fee. In most instances, we can quote the flat fee at the outset of the engagement, which helps borrowers and lenders alike move to closing the loan transaction being fully aware of the cost.
Why is a legal opinion letter needed?
A legal opinion letter serves as a qualified legal opinion on a particular transaction between two parties. It presents factual conclusions drawn by a professional legal counsel, and provides validation and scope for a particular transaction, as well as identifying any legal risks that should be considered.
What are the different types of legal opinion letters offered at Carlson Dash?
Carlson Dash offers lender legal opinion letters on:
- Bankruptcy Remote Opinion
- Enforceability Opinion
- Entity (formation, authority, etc.)
- “Due Organization” Legal Opinions
- Usury – Interest Rate Opinions
- Mortgage Creation Opinions
- UCC Legal Opinions
- Choice of Law Opinions
- And many others
Carlson Dash provides legal services and opinions to a variety of nationally and regionally recognized lenders who have a comfort level in our work and experience.
Read more on the ‘What & Why of Lender’s Legal Opinion Letter’ here.
For more information on this service, contact us.