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Case of the Month–Mechanic’s Lien and the lender’s rights

Case of the Month–Mechanic’s Lien and the lender’s rights

By Jennifer Felten  The case resulted from the total default of a borrower on a real property in Los Angeles County. At the time of the default, the property was subject to a deed of trust and a mechanic’s lien, the mechanic’s lien being in lower priority than the deed of trust. Faced with foreclosure, […]