Urgent News

Berger Commercial Realty Brokers $36.9 Million Sale of 34-Acre Land Parcel; Awarded Exclusive Leasing Assignment for New Major South Florida Industrial Park

skip to Main Content

Lloyd Berger answers: When is a receiver appointed and why?

There are many reasons a receiver is appointed, the most common of which is when a lender feels that their mortgage is in jeopardy and the property value is no longer great enough to satisfy their mortgage. Other reasons a receiver may by appointed would be partnership disputes, when people can’t agree on how to operate a property, or any time an interested party does not feel like they are being properly represented.

Back To Top