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CalAttorney2
CalAttorney2, Lawyer
Category: Real Estate Law
Satisfied Customers: 10237
Experience:  I am a civil litigation attorney with experience representing HOAs, homeowners, businesses and others in real estate matters.
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A pipeline company wants a suborination agreement with my

Customer Question

A pipeline company wants a suborination agreement with my lien holder is this common?
Submitted: 9 months ago.
Category: Real Estate Law
Expert:  CalAttorney2 replied 9 months ago.

Yes, it is common.

Here is what they are asking for - they want their lien (usually an easement right) to be declared "Senior" to your lien or mortgage, even though the lien or mortgage was first in time, and technically should be considered "senior" to the easement held by the later in time pipeline rights.

What the subordination agreement will do is take a previously Senior Lien and make it Junior to the Senior lien.

This simply changes the priority rights of the lien holders.

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