Escrow & Title
In NH, a 'subordination agreement' involves:
AA tenant agreeing to move for a new buyer
BA lienholder agreeing to reduce the priority of their lien to accommodate a new lien✓ Correct
CA seller agreeing to pay the buyer's closing costs
DA broker agreeing to reduce their commission
Explanation
A subordination agreement is a document by which a lienholder agrees to give priority to another lien over their existing lien. For example, a second mortgage lender may agree to subordinate to a new first mortgage when a property is refinanced, even though the second mortgage was recorded earlier.
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