Escrow & Title
A subordination agreement in Nebraska real estate financing allows:
AA junior lien to become senior to a previously superior lien✓ Correct
BThe seller to remain on title after the sale
CThe buyer to delay paying property taxes
DThe escrow agent to disburse funds without all parties signing
Explanation
A subordination agreement allows a lien holder to voluntarily reduce their priority and become subordinate to a newer (or refinanced) lien — often used when refinancing to allow a new first mortgage to take priority.
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