Subordination Agreement
An agreement by which a mortgage is made subject to a junior mortgage. For example, a loan on a vacant lot is made subject to a subsequent construction loan.
Popular Real Estate Terms
Modification made by a municipality to the zoning of a locality. A change in zoning typically has to be requested and approved by a zoning commission and then the legislative body. It can ...
Structure built into the water from the land providing a facility for boats to tie up. A dock will often provide utility access ...
Width of a stair. ...
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