"Subordination" is a financial term that describes when a loan with a lower priority (a "junior mortgage") is given higher priority than a loan with a higher priority (a "senior mortgage").


These are questions that the above text answers:

1. What is the definition of "subordination" in the context of real estate law?
2. How is the concept of subordination applied in financial matters?
3. What is a "junior mortgage"?
4. What is a "senior mortgage"?
5. Can a loan with a lower priority be given higher priority than a loan with a higher priority in real estate transactions?
6. What is the purpose of subordination clauses in trust deeds?
7. How does subordination affect the priority of loans in real estate transactions?
8. What is the significance of subordination in real estate law?
9. How does subordination impact the ranking of mortgages in terms of priority?
10. What is the relationship between subordination and the priority of loans in real estate financing?