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What is the purpose of the subordination agreement?

Despite its technical-sounding name, the subordination agreement has one simple purpose. It assigns your new mortgage to first lien position, making it possible to refinance with a home equity loan or line of credit. Signing your agreement is a positive step forward in your refinancing journey.

Is Ohio a deed state?

Ohio is a hybrid state, meaning they have both property tax lien sales and tax deed sales.

Do commercial leases in Ohio need to be docHubd?

Yes, a commercial lease needs to be docHubd in Ohio in order to be legally valid. In addition, any changes or addendums to the lease will also need to be docHubd to be legally binding.

Is California a race notice state?

As a general rule, under Californias race notice recording statute, a bona fide purchaser for value without notice who first records wins a priority dispute. A helpful mnemonic device is a BFP4V wins a priority dispute under Californias race notice recording statute.

Is New Mexico a race notice state?

Currently, Alabama, Arizona, Connecticut, Florida, Illinois, Iowa, Kansas, Missouri, New Hampshire, New Mexico, Oklahoma, Rhode Island, South Carolina, Tennessee, Texas, Vermont, and West Virginia are the jurisdictions where a notice statute is in effect.

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