Real Estate Glossary

Non-Recourse Loan

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Term Main definition
Non-Recourse Loan

A loan which does not allow for a deficiency judgment against a borrower in the event of default. The borrower cannot be held personally liable. The lender's only available recourse in the event of default is the collateral or property.

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San Francisco Property Management

47 Kearny Street
San Francisco, CA 94108


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California DRE #01183885