Alaska Subordination Clause

• Category: Leases - Contracts
• State: Multi-State
• Control #: US-CL-650-1
• Format: Word; Rich Text

Description

Examples of clauses regarding and surrounding the topic of Subordination of the lease to all underlying mortgages covering the land, property, etc... A subordination clause is a clause in an agreement which states that the current lease shall be subject and subordinate to all leases and mortgages formed or made in the future.