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Indexing Subordination Agreements


Abstract:
This bulletin informs registers of deeds of an indexing problem raised by Mr. Lynn Nesbit, Iredell County Register of Deeds, and Mr. William P. Pope, Statesville attorney. The problem concerns the indexing of instruments that subordinate the lien of a previously recorded deed of trust, commonly called subordination agreements. It arises because statutes do not direct how such instruments are to be indexed. Using a hypothetical example, the author recommends a solution.
Source:
Land Records Bulletin (NoCar KFN 7527 A45), Vol. Issue 4, Oct 1981, p1-2
Record #:
20472