Finance
In Missouri, a subordination agreement is used to:
ARequire a tenant to subordinate their lease to a new mortgage
BChange lien priority—voluntarily agreeing that a junior lien takes precedence over a senior lien✓ Correct
CDischarge a mortgage
DRequire the seller to pay points
Explanation
A subordination agreement is a contract where one lienholder agrees to allow their lien to be junior (subordinate) to another lien that would otherwise rank lower in priority.
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