19.4.6.2 Borrower’s Counsel Legal Review and Opinion
HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021) · 2026 edition · updated 2026-10-05 · United States
A. Opinion of Borrower’s Counsel (form HUD-91275M) requires Borrower’s Counsel to state that Borrower has the organizational authority needed to execute and deliver the Loan Documents, complete the transaction(s) called for thereunder, and perform its obligations accordingly. Depending on the Borrower’s organizational structure, Borrower’s Counsel must review organizational documents for controlling entities, and, in some cases, review and retain authorization(s) from controlling and/or uppertier entities in order to provide and support Opinion 4 of Opinion of Borrower’s Counsel. See also Chapter 8, Section 8.3.
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