Document background
The Real Estate Subordination Agreement is a crucial document in Dutch real estate financing arrangements where multiple lenders hold security interests over the same property. It is commonly used when introducing new financing while maintaining existing loans, or in refinancing scenarios where different lenders need to establish clear priority rankings. The agreement must comply with Dutch civil law requirements and typically requires registration with the Land Registry (Kadaster). Key information includes details of the property, existing security rights, terms of subordination, and enforcement provisions. This document is particularly important in complex real estate transactions involving multiple financing parties, and its format must meet specific Dutch notarial and registration requirements to be legally effective.
