Posted By: MLundy
Negative Pledge - 08/25/21 09:49 PM
If we have a negative pledge on a property in a flood zone taken as an abundance of caution, does it require flood insurance?
Posted By: rlcarey
Re: Negative Pledge - 08/26/21 12:34 PM
Talk to you legal counsel. Negative pledges can be written in a variety of ways and it depends on whether or not you have a valid security interest in the property.