Legal Question in Credit and Debt Law in California
when a personal lein is placed on a property and that said property was sold does the lein by law have to be paid off first before the sale?
Asked on 3/22/10, 6:19 pm
1 Answer from Attorneys
Michael Stone
Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE
Yes, subject to prior liens such as the mortgage. If the property is sold or foreclosed upon, and there isn't enough money after paying the liens ahead of yours, your lien is extinguished and you won't get paid anything.
Answered on 4/01/10, 9:13 pm