Jeez one inspection and subsequent negotiations during a transaction is plenty enough as it is. 

//adam Thanks for the well thought out observation & subsequent post Adam.

How can the subsequent years be paid and not the prior year?

“And subsequent like terms.”

Once recorded a mortgage has priority over any subsequent lien so there's no need for updates. 

The original thought was to 1031 into that as a parking place, and wait for a better buyer's market in 3 years to get more aggressive with the subsequent exchange.But, as we dug into the investor's balance sheet and tax returns, we found significant losses from 2008 that had been carried forward, unused.

Subsequently, Morningstar decreased the value of these properties in their calculations by roughly $1 billion, from $1.5 billion in 2019 to $475 million today.

However, subsequent increases in interest rates caused a substantial reshuffling, reestablishing New York and Los Angeles as the dominant players.

We do 90 cancellation notice and We do 10% commission on all booked and subsequently cancelled reservations. 

Subsequently, they placed the lien after 36-60-17 was in place, which states that a water provider can not place a lien on a property unless the owner was the one incurring the charges.Have googled left to right and can't find statute of limitations for water liens, but in the past they were always dropped after 7 years, as I've bought several properties with old outstanding water liens (houses were torn down years before and they were now vacant lots) and demolition and water liens were dropped due to +7 years.