header bg

Scan QR code or get instant email to install app

Question:

A(n) ____provision in a trust deed allows future loans on the property to have priority.

A subordination clause
explanation

To subordinate a loan indicates the loan is to take a secondary position. In finance this implies that future loans will have a priority over the subordinated loan.

Related Information

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

*