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Home » Library » Model Consent, Non-Disturbance, and Subordination Agreement with Commentary, 2nd edition

Model Consent, Non-Disturbance, and Subordination Agreement with Commentary, 2nd edition

When a mortgage precedes an easement on a property, the possibility that one day the mortgage could be foreclosed poses a threat to the continued existence of the easement unless the holder of the mortgage signs an agreement that allows the easement to survive a foreclosure. In addition, "subordination" is necessary if a tax deduction will be sought for an easement donation. This model legal document provides a vehicle to satisfy both of these issues. Be sure to download both the model and the commentary.
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