Legal Question in Real Estate Law in California

Can I modify the terms of a note if there is a subordination in place as long as the terms are more favorable than they were when the subordination was signed?


Asked on 12/16/11, 3:05 pm

1 Answer from Attorneys
George Shers Law Offices of Georges H. Shers

I am unsure of the facts. You can not change a contract without the permission of the parties signing the contract. Why would you want to give more favorable terms than you had given before?

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Answered on 12/16/11, 5:24 pm


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