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A deed is normally used to convey real property. Every state has a public record system that in theory should track every transfer of ownership of a property. Obtaining a loan for a commercial property will usually require some kind of guarantee incase you cant make payments, which usually comes in the form of a mortgage or deed of trust against the property. This allows the lender to foreclose if you fail to meet your end of the agreement. Also, a business must often maintain a certain net equity when applying for a commercial loan.
 
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Company Overview: Cityfeet is the leading online commercial real estate network, connecting commercial real estate property owners and brokers to tenants, brokers and investors. Cityfeet offers commercial real estate products and services catering to the national and local needs of the commercial real estate industry. Cityfeet specializes in all commercial real estate property categories including office space, executive suites, commercial land, industrial property, retail space and businesses for sale. Cityfeet is the #1 source of free commercial real estate information for commercial real estate professionals and powers the commercial real estate area of many of the countries most popular websites including Realestate.com and The New York Times. (See all partners)
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