An agreement that extends the collateral of a loan to include several properties. It in effect creates second liens on other properties owned by the borrower.
Related information about spreading agreement:
- spreading agreement - Financial Dictionary - The Free Dictionary
A separate agreement spreading the reach of a mortgage to other properties and sometimes even to other borrowers or lenders.It was once common in New ...
- Spreading Agreement: Definition from Answers.com
Agreement that extends the collateral of a loan to include several properties. Previous: Spread , Spousal Ira , Spot Zon.
- What is mortgage spreading agreement? definition and meaning
Definition of mortgage spreading agreement: A contract that extends a previous mortgage lien to properties not previously covered, giving added security to the ...
- spreading agreement - Business Definition
spreading agreement definition: A clause in a loan contract that provides additional collateral that can be claimed by the lender....
- Fertilizer Spreading Agreement - University of Missouri Extension
FERTILIZER SPREADING AGREEMENT. THIS AGREEMENT is made effective as of this _____ day of ______, 2005, by and between ...
- G361 Securing Manure Spreading Rights Through Easements
The easement ensures access to acres and allows the AFO owner to plan ahead with greater certainty relative to a spreading agreement or annual lease.
- Spreader Agreements - First American Title Insurance Company of ...
The new law amended Tax Law § 255 ("Supplemental Mortgages") to apply mortgage tax to a "spreading agreement or additional mortgage" recorded in the ...
- Landspreading Agreement 2011 - Cabot Cheese
... Cabot Creamery – 802/229-9361 Ext. 2601. Land Spreading Agreement. Agri- Mark, Inc., dba Cabot Creamery, hereafter called “Cabot” and. (Please Print) of ...