A defeasance clause in real estate is a provision in loan agreements that defines how a borrower can satisfy the lender's requirements in order to release their lien on the property. This clause can ...
Yield maintenance and defeasance are two common methods used to compensate lenders for the loss of interest income on commercial loans. Both terms refer to prepayment penalties designed to preserve ...
Mesirow's public finance and institutional sales and trading groups will collaborate to offer clients defeasance and cash-flow management, the firm announced Monday. The team will be led by managing ...
Wisconsin schools use "defeasance" to make it look like referendums do not raise taxes. Wisconsin school districts are using a financial tool called "defeasance" — increasing spending to prepay debt ...
MIDLAND This week, Midland ISD finalized the defeasance, which eliminated all outstanding debt obligations prior to series 2024 and allowed the district to start paying back a portion of the new debt.
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