FAQ

> What happens if a Sponsor defaults on a loan, or if a project does not get completed?

What happens if a Sponsor defaults on a loan, or if a project does not get completed?

If a sponsor defaults on a loan, then Sharestates may pursue foreclosure. Any money recovered through foreclosure (after legal expenses) will be distributed accordingly to investors. For a preferred or common equity deal, Sharestates may seek judicial relief for damages.