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The Commercial Real Estate Loan Term Sheet Template is a crucial preliminary document used in real estate financing transactions in England and Wales. It is typically employed at the initial stages of a commercial property loan negotiation to outline the principal terms of the proposed facility. The document captures essential commercial points including loan amount, tenure, pricing, security structure, and key conditions precedent. While primarily non-binding, it serves as a roadmap for subsequent detailed loan documentation and helps ensure all parties have a clear understanding of the proposed transaction structure. It is particularly valuable in complex commercial real estate transactions where multiple parties may be involved and where clear communication of terms is essential.

1. Key Transaction Terms: Basic loan details including amount, purpose, and property details

2. Parties: Identification of lender, borrower, and any guarantors

3. Financial Terms: Interest rate, fees, costs, and payment terms

4. Security Package: Details of required security and guarantees

5. Conditions Precedent: Requirements to be met before loan drawdown