Section 1.20 discusses how mortgages and other hypothecation of security affects the lease.
Lease Subordinate
The lease is subordinate to any ground lease, mortgage, deed of trust, etc., current and future, and any advances made on security. Renewals, modifications, consolidations, replacements, and extensions are also included.
What does this mean for you?
The lease can be affected by mortgages and other hypothecation of security. For example, if the owner of the property was to default on the mortgage, the lender could choose to evict the resident.
Want to view your lease?
To check this section for your own property:
Log on to your AppFolio online portal.
From the Home page, look at the "Current Lease" section towards the bottom of the page.
From here, you can click and view your lease.
