Escrow & Title
In Mississippi, a 'subordination clause' in a commercial lease allows:
AThe tenant to subordinate their rent to the landlord's needs
BThe lease to be subordinated to any existing or future mortgage, so the lender's interests take priority✓ Correct
CThe landlord to terminate the lease at will
DThe tenant to sublease without permission
Explanation
A subordination clause in a commercial lease makes the lease subordinate to existing and future mortgages on the property. This means if the lender forecloses, the lender's lien takes priority over the tenant's leasehold interest.
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