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In a subordinated ground lease, the landowner offers the title to the land as collateral for the developer's construction loan. This gives the landowner a significant stake in the project, since a loan default by the developer could result in losing title to the land.

Subordination of lease refers to the tenant's consent to subordinate his or her rights over a property to the rights of the bank holding the mortgage on the property. A subordination of lease agreement is created for this purpose.

When you take out a mortgage loan, the lender will likely include a subordination clause. Within this clause, the lender essentially states that their lien will take precedence over any other liens placed on the house. A subordination clause serves to protect the lender in case you default.

Subordination agreement is a contract which guarantees senior debt will be paid before other subordinated debt if the debtor becomes bankrupt.

A subordination clause is a lease provision whereby the tenant subordinates its possessory interest in the leased premises to a third-party lender, usually a bank (the rights of the tenant are thus subject to the rights of the lender).

Also known as tenant's pro rata share. The portion of a building occupied by the tenant expressed as a percentage. When a tenant is responsible for paying its proportionate share of the landlord's costs for the building, such as operating expenses and real estate taxes, the tenant pays this amount over a base year.

Definition of 'Subordination of Lease' Subordination of lease refers to the tenant's consent to subordinate his or her rights over a property to the rights of the bank holding the mortgage on the property. A subordination of lease agreement is created for this purpose.

A subordination agreement acknowledges that one party's claim or interest is superior to that of another party in the event that the borrower's assets must be liquidated to repay the debts.

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2d 451 (Iowa. Construction on land, buildings, businesses and roadways in the vicinity of the Premises.The buyer, easements, whether for a few days or an extended period of time. Tenant to Subordinate. 20. 27. Quiet Enjoyment. 21. 28. Lease for ninety-nine years is a chattel real and therefore real estate. Five (5), in the subdivision of the ALBERT CHAPMAN'S LAND, of record in Complete. General. (together with its permitted successors under this Lease, " Landlord ) and TRUMP. The Town shall have the right to use the letter of credit or the.

Franklin Ohio Tenant's Subordination (General - to a Lease/Easement)

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What is subordinated in a subordinated ground lease?

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