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What is a Lender’s Completion Guarantee?

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What is a Lender’s Completion Guarantee?

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Completion Guarantee means that in the event of a lender repossessing the property, HBS supervises the completion of the project to enable the lender to recover against the completed project.

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A Completion Guarantee means that in the event of a lender repossessing the property, HBS supervises the completion of the project to enable the lender to recover against the completed project.