Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Single Purpose Entityor Special Purpose Entity or “Spe”
ABA
Updated 10-31-2026
Single Purpose Entityor Special Purpose Entity or “Spe”
an entity (typically but not always a limited liability company) designed to provide bankruptcy-remote protections for a lender.
American Bar Association Glossary of Real Estate Terms
ABA · p. 10
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