Iowa Subordination of Lien refers to a legal process through which the priority of a lien, specifically a Deed of Trust or Mortgage, is repositioned in favor of a Right of Way or easement. This allows the Right of Way holder to have a superior claim over the property in question, even if a mortgage or deed of trust already exists. This subordination is often sought in situations where the property needs to be accessed in order to construct or maintain infrastructure like roads, power lines, or pipelines. In Iowa, there are several types of Subordination of Lien (Deed of Trust/Mortgage to Right of Way) depending on the circumstances and the parties involved. These may include: 1. Private-to-Private Subordination: This type of subordination occurs when a property owner wishes to grant a right of way or easement to another private party, while the existing lien holders (such as mortgage lenders) agree to subordinate their rights to the new right of way. This ensures that the easement holder has priority access to the property. 2. Public-to-Private Subordination: In some cases, the right of way may be sought by a government entity or public utility company, for instance, to construct a public road or install power lines. In such instances, the government or utility company will request a subordination of lien from the existing mortgage or deed of trust holders, allowing them to proceed with the infrastructure project while still protecting the lenders' interests. 3. Private-to-Public Subordination: This type of subordination occurs when a property owner voluntarily grants a right of way or easement to a government entity or public utility company. The existing lien holders agree to subordinate their interests to the public entity, granting them priority access over their own lien. The process of Iowa Subordination of Lien typically involves drafting a formal agreement between the parties involved, which outlines the terms and conditions of the subordination. This agreement is then recorded with the county recorder's office to ensure it becomes a part of the property's official records. When pursuing Iowa Subordination of Lien (Deed of Trust/Mortgage to Right of Way), it is crucial to consult with an experienced real estate attorney who can guide you through the legal requirements and ensure that all necessary steps are taken to protect the interests of all parties involved.