Utah Lease Subordination Agreement

State:
Utah
Control #:
UT-844LT
Format:
Word; 
Rich Text
Instant download

Description

This Lease Subordination Agreement is a lienholder's lien that was created by a (Mortgage/Deed of Trust) and is subordinated to a mineral/oil/gas lease and lienholder releases, said Leasehold from all liens created by said (Mortgage/Deed of Trust), and all extensions and renewals of such liens. Lienholder retains all rights under the (Mortgage/Deed of Trust) against any royalty interest reserved by the lessor in and payable under the terms of the lease, or any of lessor's reversionary interests on the termination or expiration of the lease.

Subordination means an agreement to put a debt or claim which has priority in a lower position behind another debt, particularly a new loan. A property owner with a loan secured by the property who applies for a second mortgage to make additions or repairs usually must get a subordination of the original loan so the new loan has first priority. A declaration of homestead must always be subordinated to a loan.

How to fill out Utah Lease Subordination Agreement?

Searching for a Utah Lease Subordination Agreement on the internet can be stressful. All too often, you find files that you think are ok to use, but discover later they’re not. US Legal Forms provides more than 85,000 state-specific legal and tax documents drafted by professional legal professionals in accordance with state requirements. Have any document you are looking for in minutes, hassle-free.

If you already have the US Legal Forms subscription, just log in and download the sample. It will instantly be added in in your My Forms section. In case you don’t have an account, you need to register and choose a subscription plan first.

Follow the step-by-step guidelines below to download Utah Lease Subordination Agreement from the website:

  1. Read the form description and press Preview (if available) to verify if the form suits your expectations or not.
  2. In case the document is not what you need, find others with the help of Search engine or the listed recommendations.
  3. If it is appropriate, click Buy Now.
  4. Choose a subscription plan and create an account.
  5. Pay via credit card or PayPal and download the document in a preferable format.
  6. Right after getting it, it is possible to fill it out, sign and print it.

Get access to 85,000 legal forms straight from our US Legal Forms catalogue. Besides professionally drafted samples, customers are also supported with step-by-step guidelines concerning how to get, download, and fill out templates.

Trusted and secure by over 3 million people of the world’s leading companies

Utah Lease Subordination Agreement