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Landlord Undertaking with Tenant Lender
This Landlord's Undertaking with Tenant's Lender is an agreement between the lender and the landlord regarding default by a tenant and lender's security interests located on landlord's property. The lender will often require that a tenant's landlord sign this agreement before lending any money. A written Landlord's Undertaking with Tenant's Lender will prove valuable in the event of future disagreements or misunderstandings.
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