Engineer’s Certification. The term of this loan will be based on an engineer’s certification of the expected useful life of the improvements, as stated below, or 20 years, whichever is less. If the jurisdiction prefers the term of its loan to be less than either 20 years or the useful life of the improvements, the preferred loan term should be indicated here: years. I, , licensed engineer, certify that the average expected useful life for the improvements described above is years. Signed: _ Name: _ Date: _ Telephone: _ Professional Engineer License Number:
Appears in 2 contracts
Sources: Loan Agreement, Loan Contract