Question
Which documents are included in the LRBA Suite?
Answer
The LRBA Suite provides documents for the establishment of the Holding (Bare) Trust and the LRBA (Limited Recourse Borrowing Arrangement), and can be accessed from: Menu > Create Document > Loans > LRBA Suite
The documents produced will depend on the selections made when completing the interview form:
- New Holding Trust & LRBA
- Amending Existing Agreement
- LRBA Refinancing with Existing Lender
- If "LRBA Refinancing with New Lender" is selected
New Holding Trust & LRBA
The below documents are produced:
- Holding Trust Deed
- LRBA Checklist
- LBRA Minutes
- Either:
- LRBA New Loan Agreement, or
- Letter to Commercial Lender (this applies if the Lender Type selected was "Commercial")
- LRBA PDS
Amending Existing Agreement
The below documents are produced:
- Amendment to LRBA Arrangement
- LRBA Checklist
- LRBA Minutes Amendment
- LRBA PDS
LRBA Refinancing with Existing Lender
The below documents are produced:
- LRBA Checklist
- LRBA Minutes Refinance
- LRBA New Loan Agreement
- LRBA PDS
If "LRBA Refinancing with New Lender" is selected
The below documents are produced:
- LRBA Checklist
- LRBA Minutes Refinance
- LRBA PDS
- Either:
- LRBA New Loan Agreement, or
- Letter to Commercial Lender (this applies if the Lender Type selected was "Commercial")
- Either:
Further Information
Limited Recourse Borrowing Arrangement (LRBA) and Holding / Bare Trusts