6.1 Collateral Summary

This topic provides systematic instructions about the Collateral Summary data segment in the Legal Opinion stage.

In the Collateral Summary data segment, the following collateral details captured in the previous stages are displayed.

• Basic Information
• Collateral Type (Property) Details
• Linked Facilities Details
• Ownership
• Seniority of Details
• Covenants
• Insurance
• Configured Stage Status

Note:

The Configured Stage Status is updated based on the status of parallel tasks generated in the system.

1. To launch the Legal Opinion - Collateral Summary screen, navigate to Tasks > Free Tasks from the left menu.
   The Free Tasks screen is displayed.

   Figure 6-1 Free Tasks

   
   

   
   Description of "Figure 6-1 Free Tasks"

   
   
2. Click Acquire & Edit in the required Legal Evaluation task.
   The Legal Opinion - Collateral Summary screen is displayed.

   Figure 6-2 Legal Opinion_Collateral Summary

   
   

   
   Description of "Figure 6-2 Legal Opinion_Collateral Summary"

   
   
3. View the Collateral Summary and click Next.