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A junior lien can supersede a senior lien only if the senior lienor subordinated their lien in writing and recorded in the land records.
A junior lien can supersede a senior lien only if the senior lienor subordinated their lien in writing and recorded in the land records.
A junior lien can supersede a senior lien only if the senior lienor subordinated their lien in writing and recorded in the land records.
A junior lien can supersede a senior lien only if the senior lienor subordinated their lien in writing and recorded in the land records.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoA junior lien can supersede a senior lien only if the senior lienor subordinated their lien in writing and recorded in the land records.
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What is an example sentence with supersede?
The senior Judge was superseded by a Judge junior to Him.
When did Junior Senior end?
Junior Senior ended in 2008.
When was Junior Senior created?
Junior Senior was created in 1998.
What rights are available to the person that has a lien second to the bank on a property that has already sold at a foreclosure sale?
Hate to tell you, but in WA, none. The senior lien has already foreclosed, any any junior lien (including deed of trust or mortgage) was foreclosed with it.
When was Junior Senior - film - created?
Junior Senior - film - was created in 2003.
Does a junior lien holder have the right to payoff the senior lienholder where junior lien holder foreclosed and has fee simple title?
This depends on the Loan Note or Deed of Trust, but if a borrower fails to pay the first mortgage, generally the second mortgagee can reinstate or payoff the first lien and foreclose. Most mortgage documents contain covenants where the borrower swears to take good care of the property and pay all liens, and where failure to do so constitutes a default of the junior lien holder's note.
Is the name junior a weird name for a guy?
Yes You may be talking about a guy whose legal name is Junior. This is not usually the case. When a boy is named after his father, he will often sign his name with 'jr' at the end, and he is often called Junior as a nickname. Junior would be an unusual legal name, especially if it is his father's name as well. His father would be Junior Senior, and he would be Junior Junior. Imagine if their family name is Senior. they would be Junior Senior Senior, and Junior Senior Junior. If the son is in the military, he might be Major Junior Senior, Junior, Camp Jejune.
What is the order of senior junior the third?
Senior- for the father Junior- for the son III- for the grandson
Can a junior lien be interest only?
no
Can a debtor give a junior lien in proparty that has first lien?
That's the only type he can give...junior tot he first one.
What is the opposite of junior?
Senior or, if someone is the "Peter Junior", then the father is Peter (not necessary to write senior).
What is the superlative and positive degree of senior junior superior and inferior respectively?
Senior , more senior , most senior Junior , more junior , most junior Superior , more superior , Most superior Inferior , more inferior , most inferior
