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Foreclosure Forum |
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when in doubt, chain it out...In Reply to: Co-Owner added to Deed, but Co-owner has Leins Q. posted by Mark H. on January 27, 2010 at 11:24 AM Not following your logic. Any transfer subsequent to encumbered interest of original grantee's is made subject to the existing lien(s). Prior judgments of subsequently added grantee will merely encumber that (later)grantee's interest, potentially up to the amount that inures to them. If lien creditor forecloses on original grantee's interest, it will wipe OFF all other liens, including those of the last grantee. There would be no leapfrogging of position, regardless of whether the original liens were recorded prior; they didn't attach until the last grantee acquired their interest,
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