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Tagged: Prepayment Penalty

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Commercial Mortgage Prepayment Penalties: IRD, Yield Maintenance & Defeasance

Commercial Mortgage Prepayment Penalties: IRD, Yield Maintenance & Defeasance

LLendCityMar 17, 2026· 11 min read

Breaking a commercial mortgage in Canada can cost $600K+. Learn how IRD, yield maintenance, and defeasance work — with real numbers and negotiation tips.