Lenders’ Undertakings (aka “Bank” or “Funder” Letter)

Since 2020, Pro-Demnity continues to receive increased calls from architects who are faced with an unfamiliar but seemingly harmless request from their client: to sign a form of undertaking addressed to a third party – most often to a lending institution or financial partner – that is providing funding for the project.  Architects seeking advice […]
Thought Leadership Documentation / Contracts