Deed of Subordination and Priority (PPSA/Combined PPSA and Non-PPSA)

These documents may be used for PPSA property only, or where parties each have security over property governed by the PPSA and security over Land.

The second document (One Secured Amount Three Secured Parties) has one combined First Security Amount for the PPSA collateral and the Land. For the Land to have a separate priority amount to the PPSA property, the Deed (First Secured Party Secured Amounts in Two Parts) must be used, or a separate Land Deed completed.

Loans and mortgages Document Library Deed of Subordination and Priority (PPSA and Non-PPSA)