There are many types of Multi-State Riders. Multi-State Riders can be used in any state, or if the borrower owns property in one state and lives in another state. There are Multi-State Condominium Riders, Multi-State Adjustable Rate Riders. This type of document typically goes over the terms and conditions of a loan on a condominium.
More information
https://www.fanniemae.com/singlefamily/riders-addenda
http://www.mortgage-a.com/multi_state_condominium_rider.htm
Subordination Agreements are often included in a loan signing. Many people find it hard to understand or explain what this document actually does or means. It basically assigns a priority for which loan gets paid first if there is insolvency. What a lovely thought. It’s a bit like a prenuptial at a wedding — you’re already thinking about getting divorced before you are actually married.
In any case, Subordination Agreements are a very common type of notarized documents. Just make sure your document is fully filled out before you call the notary that you found on 123notary.com. You will need a government issued photo-ID as identification for the notary signing. You will also need to sign the notary journal. Being notarized is not hard. Just try to find a notary who knows what they are doing! Additionally, the notary is not responsible to understand the document and is prohibited from explaining it. So, ask your Attorney. You do have an Attorney, right?
