This ominous sounding agreement is quite useful and necessary when a property owner is seeking financing on a property subject to a pre-existing lease. The lender will require the tenant to sign this agreement, putting the lender’s mortgage rights in primary position. However, the document also serves to reassure the tenant that in the event the lender must foreclose and take possession of the property, the tenant may remain in the property with the same lease terms intact, and pay rent directly to the lender. The document must be signed by the tenant in front of a notary public and filed of record.
Documents to be prepared for you: "Follow-Through" Instructions, Subordination Agreement. Price: $95.00
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The following questions should be answered in order for us to prepare correct and enforceable documents:
Property Address: Property City: Property State: Property Zip Code:
A property is legally described not by an address but the lot/block in a platted subdivision, or by "Metes and Bounds" in unplatted parcels. Property is indexed and recorded in the public records only by the legal description, so this information is usually important in all enforceable real estate documents.
Lot , Block , Addition to the City of , County, Texas.
If property is not in a lot/block subdivision, but surveyed by "METES and BOUNDS", please locate the metes and bounds description on the back of your existing deed and either fax it to us at 817.737.7201 or upload at the bottom of this questionnaire. If you are unable to locate the legal description, check the box below.
Unable to locate legal description
Date of Deed of Trust:
Grantor in Deed of Trust:
Beneficiary In Deed Of Trust:
Date of Lease:
Name of Landlord:
OPTIONAL: Upload files to help the TLD staff create your documents.