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What is a Landlord Subordination?

Updated over a month ago

This agreement is required only for businesses operating from a commercial location. It grants the bank the first right of refusal to business assets at that location in the event of a default. It must be fully executed by all parties and is not required for home-based businesses.

This document should include:

  • Business location details

  • Landlord’s signature acknowledging subordination

If you have difficulty obtaining this, contact your Funding Expert for assistance.

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