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Subject Matter:	Model Agreement for Letter of Credit in Place of Security Deposit (Lender-Controlled) - From the website of Joshua Stein PLLC
Cover Note:	I thought you might be interested in seeing an article that Joshua Stein wrote, which I found on his website, www.joshuastein.com. The article is called "Model Agreement for Letter of Credit in Place of Security Deposit (Lender-Controlled)." Here's how the website describes the article:<p style='margin:7px 40px;'>When a tenant uses a letter of credit in place of a security deposit, this can create a complex 3-way relationship among tenant, landlord, and the landlord's mortgage lender. This article explores that relationship, with a sample agreement that might govern it.</p>I hope you find this article of interest. Your email message will have the text above, unless you edit it.



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