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  2. Subordination agreement - Wikipedia

    en.wikipedia.org/wiki/Subordination_agreement

    A subordination agreement is a legal document used to make the claim of one party junior to (or inferior to) a claim in favor of another. It is generally used to grant first lien status to a lienholder who would otherwise be secondary to another party, with the approval of the party that would otherwise have first lien.

  3. Attornment - Wikipedia

    en.wikipedia.org/wiki/Attornment

    Attornment in commercial real estate is generally used in the context of a subordination, non-disturbance and attornment agreement (SNDA), which protects both the tenant and the lender in the event the landlord defaults on its commercial lending obligations. The lease remains in full force and effect. [citation needed]

  4. Tacking (law) - Wikipedia

    en.wikipedia.org/wiki/Tacking_(law)

    Tacking the legal estate refers to the holder of an equitable mortgage getting better security by obtaining legal title to the security (whether by way of mortgage or otherwise). [1] Usually this is prompted by their discovery, after they took their security, that there is an earlier equitable mortgage over the same asset.

  5. Index of real estate articles - Wikipedia

    en.wikipedia.org/wiki/Index_of_real_estate_articles

    Binder – In law, a binder (also known as an agreement for sale, earnest money contract, memorandum of sale, or contract to sell) is a short-form preliminary contract in which the purchaser agrees to buy and the seller agrees to sell certain real estate under stated terms and conditions, usually in the form of a purchase offer, and is ...

  6. Subordination (finance) - Wikipedia

    en.wikipedia.org/wiki/Subordination_(finance)

    Subordination is the process by which a creditor is placed in a lower priority for the collection of its debt from its debtor's assets than the priority the creditor previously had, [1] In common parlance, the debt is said to be subordinated but in reality, it is the right of the creditor to collect the debt that has been reduced in priority ...

  7. Category:Legal documents - Wikipedia

    en.wikipedia.org/wiki/Category:Legal_documents

    Shareholders' agreement; Side letter (contract law) Simple agreement for future equity; Special-use permit; SR-22 (insurance) Statement of case; Statutory declaration; Stock certificate; Share transmission; Subordination agreement; Subpoena; Summons; Superintendent registrar; Sworn declaration; Syllabus (legal)

  8. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    A typical real estate contract specifies a date by which the closing must occur. The closing is the event in which the money (or other consideration) for the real estate is paid for and title (ownership) of the real estate is conveyed from the seller(s) to the buyer(s). The conveyance is done by the seller(s) signing a deed for buyer(s) or ...

  9. Appraisal subordination entitlement reduction - Wikipedia

    en.wikipedia.org/wiki/Appraisal_subordination...

    Appraisal Subordination Entitlement Reduction (ASER) or collateral valuation adjustments (CVA) are commercial mortgage-backed security (CMBS) structuring innovations designed to improve overall transaction credit quality.

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