PROPERTY ACQUISITION LOAN
PACKAGES FOR BORROWERS
Acquisition financing is one of the most common forms of commercial lending and typically involves a lender-drafted loan package that governs the borrower’s obligations throughout the life of the loan. These documents often contain detailed provisions relating to collateral, covenants, guarantees, and lender remedies. Equity Legal provides borrower-side review and negotiation support for property acquisition financing transactions involving Florida collateral. Our packages are designed to ensure that borrowers understand the terms of the loan, identify provisions that may present operational or financial risk, and negotiate revisions where appropriate before closing. Through a structured review and redlining process, we assist borrowers in evaluating the lender’s documentation, addressing key legal and financial issues, and preparing the transaction for closing with clear expectations on both sides.
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If you are a lender, please click HERE to review our flat fee packages tailored to lenders.
PROPERTY ACQUISITION LOAN
TIER I
Property Acquisition
Essential Documents Package | $7,500
• Promissory Note
• Loan Agreement / Term Loan Agreement
• Florida mortgage or other security instrument
• Basic Assignment of Leases and Rents
• Basic payment guaranty
• UCC-1 financing statement preparation
• Borrower and guarantor authority templates
• Basic title commitment and survey issue-spot review
• Closing checklist and signature package
• Two revision rounds on the document set
TIER II
Property Acquisition
Closing Support
Package | $10,500
• Everything in Tier I
• Environmental indemnity
• Collateral assignment of material leases or contracts, if part of the standard deal
• Payoff letter and closing statement review
• Title/survey comment list and lender issue memorandum
• Coordination with title company or closing agent
• Up to 5 attorney hours through closing
TIER III
Property Acquisition
Comprehensive
Package | $14,500
• Everything in Tier II
• Detailed closing and escrow instructions
• Expanded title and survey review with endorsement issue list
• Post-closing checklist and recorded-document follow-up list
• Additional closing coordination and comment management
• Up to 10 attorney hours through closing
These borrower-side flat-fee packages are designed to bring structure and predictability to loan document review and negotiation for financing transactions. Instead of placing borrowers into a fully open-ended hourly engagement, these packages provide a defined scope of legal review, two rounds of borrower-side redlines to the lender’s document set, and—depending on the selected tier—dedicated attorney time through the closing process. The packages are built for Florida transactions and are particularly well suited to sponsors, developers, operating companies, and borrowers obtaining financing from private lenders, debt funds, family offices, or institutional lenders who want a predictable legal framework for reviewing and negotiating lender-drafted loan documents. The process is generally as follows:​
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Step 1: Intake and deal structure review.
Step 2: Review drafts of Lender provided document set.
Step 3: Two consolidated redline revision rounds.
Step 4: Closing support in line with the selected tier.
Step 5: Signature package and closing coordination through the scheduled closing.
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You can add these on to any of the packages at our reduced rate:
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Additional Attorney Hours: $2,500 per 10 hours
Additional Document: $1,250 per document
Additional Borrower: $500 per additional borrower
Additional Guarantor: $500 per additional guarantor
Additional Revisions: $1000 per round of revision​
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Out of Package Scope:
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Out-of-scope items include litigation, escrow, contested workouts, bankruptcy, tax advice, securities advice, regulatory opinions, syndication/participation documentation, multi-state collateral, agency/GSE/CMBS forms, and heavily negotiated intercreditor or subordination disputes unless specifically included in the package.
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