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What mortgage provision would quality bank need to agree

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Reference no: EM133597031

Question: Collard Sashis wanted to build a house on a property that was already mortgaged to Quality Bank. Builder Bank told Sashis that they would extend him a loan if Quality Bank allowed Builder Bank to take lien priority. What mortgage provision would Quality Bank need to agree to make this happen?

 

 

Reference no: EM133597031

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