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What is fallback language?

Fallback language in a legal document provides direction on the selection of the replacement index if certain events occur with respect to the currently utilized index.  The fallback language can vary greatly from lender to lender, and many older legacy documents do not address a replacement index at all.

 

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  • Tampa, FL
  • Oct 2021

IApartments is an enterprise-level smart apartments platform that turns ordinary apartments into intelligent apartments.

IApartment’s technology automates asset protection, access control, and operational efficiencies for multifamily property owners, managers, and their residents.

INVEST WITH THIRTY CAPITAL

  • Charlotte, NC
  • Feb 2021

Rent Ready introduces a modern solution to an age-old apartment industry problem.

After a deep dive in the industry, Rent Ready discovered that the make ready process was disjointed, frustrating, and time-consuming. Onsite staff members were scheduling six different services with six different vendors – creating scheduling nightmares along with unexpected challenges and headaches. As a full-service partner for onsite apartment staff, Rent Ready handles the frustration between the move-out and move-in, as a single-source for all turn services: paint, clean, carpet, wall repair, punch, and counter/tub resurfacing.

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