Real Estate Terms Dictionary



Sundry Agreement



Definition of 'Subordination of Mortgage'

Sundry agreements are agreements attached to miscellaneous transactions which cannot be included in any other categories.


Example:


Here's a real-life example from one of the properties researched on PropertyShark:

Sundry agreement - example

References:
http://www.ehow.com/facts_7427097_sundry-agreement_.html



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Disclaimer:
The glossary is intended to provide real estate professionals and home buyers with a basic understanding of various specialized terms related to legal rights over a property. All terms appear in public records such as ACRIS. We do not take responsibility for the legal accuracy of the definitions provided and ask that use of these explanations in a legal setting be made only after checking with a lawyer or another specialist in the field.