United States: So You Thought Your Lien Had Priority? Washington Supreme Court Ruling Threatens The Lien Priority Of Certain ‘Optional' Real Estate Secured Future Advances - Lane Powell

United States: So You Thought Your Lien Had Priority? Washington Supreme Court Ruling Threatens The Lien Priority Of Certain ‘Optional' Real Estate Secured Future Advances - Lane Powell

Mondaq

Published

Many Washington lenders have assumed that loan advances secured by first-in-time deeds of trust maintain their lien priority over intervening liens, regardless of whether the lenders' advances

Full Article