Mesa Arizona Subordination Agreement
Category:
State:
Multi-State
City:
Mesa
Control #:
US-RE-S-1025-1
Format:
Word;
Rich Text
Instant download
Description
A subordination agreement prioritizes collateralized debts, ranking one behind another for purposes of collecting repayment from a debtor in the event of foreclosure or bankruptcy. A second-in-line creditor collects only when and if the priority creditor has been fully paid. This agreement allows one lien holder to subordinate its deed of trust to the lien of another lien holder. For valuable consideration, a particular deed of trust will at all times be prior and superior to the subordinate lien.
Free preview
Form popularity
Interesting Questions
More info
Before you can register for classes, you must fill out an application online. Completing the online application is easy and free.It doesn't matter whether the person making the complaint was directly involved in the incident. Click the button to fill out our online interest form. We'll get back in touch to talk about what happens next! Fill out this Interest Form. All files are in PDF format. Please note a change to the submittal requirements. All instructions for completing the application and all required documentation are included in the packet. Please note, this is only for City of Mesa residents.