Escrow & Title
A 'subordination agreement' in real estate finance means:
AA lender agrees to move to a lower priority lien position to allow a new first mortgage✓ Correct
BA borrower agrees to make additional payments
CA property owner subordinates their rights to a neighbor's easement
DA title company reduces its coverage for a lower premium
Explanation
A subordination agreement is used when an existing lender agrees to allow its lien to be placed in a junior position relative to a new loan, commonly when a property owner refinances and the new lender requires first-lien position.
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