A high-level understanding of opinion letters is a useful tool for anyone working in commercial real estate (CRE) in the United States, including businesspeople and next generation attorneys. Partners Daniel Evans and Jay Wardlaw are joined by counsel Cameron Weil to discuss the foundational basics of delivering opinion letters to lenders in CRE transactions, such as:

  • What are opinion letters?
  • Who provides the opinion letters for a given transaction and to whom are they addressed?
  • What are the main types of opinion letters typically delivered in connection with an ordinary CRE finance transaction?

A model legal opinion for attorneys in New York can be found here.

For further information on this topic, please contact Cameron Weil at Seyfarth by telephone (+1 (212) 218-5616) or email ([email protected]). The Seyfarth website can be accessed at www.seyfarth.com.