Conservation Tools

Author: Patricia L. Pregmon, Esq. and Andrew M. Loza
Org./Source: Pennsylvania Land Trust Association
Year: 2011

print version of the ConservationTools.org guide:When a mortgage precedes an easement on a property, there is no guaranty of perpetual enforceability of the easement unless the mortgage holder signs a document (sometimes called a "mortgage subordination") that allows the easement to survive a foreclosure of the mortgage. While not easy or quick to obtain, careful preparation that addresses the concerns of the mortgage holder can expedite the process. 12 pages.

Files for Download or Pages for Viewing

CT_MortgageSubordination_111130.pdf (445.0 KB)

http://conservationtools.org/tools/general/show/55

Item type(s): Guide
Topic tags: Print Versions of ConservationTools.org Guides
Related guides: Conservation Easement, Model Conservation Easement

Last modified by Elana Richman