A Wyoming Subordination Agreement, also known as a Deed of Trust to Storage Agreement, is a legal document used in real estate transactions. It outlines the relationship between multiple parties and determines the priority of their respective rights and interests in a property. In Wyoming, there are primarily two types of Subordination Agreements related to Deeds of Trust to Storage Agreements: 1. Wyoming Subordination Agreement (Deed of Trust to Storage Agreement between Lender and Storage Facility): This agreement is commonly used when a borrower (trust or) has granted a lien on their property through a Deed of Trust to a lender, and they also need to store certain personal property in a storage facility. The storage facility owner requires the borrower to sign a Subordination Agreement, in which they agree that the lien on their personal property will be subordinate or lower in priority to the lender's lien on the real property. 2. Wyoming Subordination Agreement (Deed of Trust to Storage Agreement between Lender, Borrower, and Storage Facility): This agreement is similar to the first type, with the added presence of the borrower as a party. It is used when both the lender and storage facility owner want the borrower's consent to subordinate their lien on personal property to the lien on the real property. This ensures that the lender's interest takes priority over the storage facility owner's interest in case of default or foreclosure. In both types of Subordination Agreements, it is crucial to specify the legal descriptions of the properties involved, along with the names and contact details of all parties participating in the agreement, including the borrower, lender, and storage facility owner. The document should also clearly describe the terms of subordination, including the duration and conditions under which the subordination will remain in effect. Additional keywords relevant to this topic may include: Wyoming real estate, lien priority, personal property, storage facility lease, borrower's consent, loan agreement, foreclosure, default, legal documentation, property transactions.