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Construction Loans Void and Unenforceable

Ballard Spahr LLP

Secret Lender-Buyer Side Deal Renders Seller Subordination Agreement Unenforceable

Ballard Spahr LLP on

A California Appellate Court ruled recently that a seller’s subordination agreement was unenforceable where the buyer and the lender entered into a side agreement between themselves that the seller knew nothing about and that...more

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