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With all of the recent media hype surrounding the hazards of toxic mold, a key issue is how to provide assurance to a commercial mortgage lender that toxic mold will not harm its investment. In order to provide the necessary comfort level, borrowers (and lenders alike) need to understand how and where molds form, the methods to prevent mold formation-including ways to eliminate already existing mold-and the necessary representations, warranties and covenants that borrowers will need to provide the lender th
June 09, 2003 at 12:00 AM
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The original version of this story was published on National Law Journal
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