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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: T.D. ORDER Posted by Keith on March 11, 2004 at 3:48 PM In Reply to: T.D. ORDER posted by chrishuff on March 10, 2004 at 12:46 AM : In an upcoming trustee sale a lesser amount Trust Deed will be auctioned. This TD is dated/written earlier by 10 days than a larger $ deed on the prop. but recorded on the on the same day with a recorded document number after the larger dollar amount deed. The question- which is the senior/1st deed, the deed written first or the deed recorded first. Because if the smaller amount deed is the first and is bought at auction will it not wipe out the larger amount deed? Thanks for your help. Chris I would be interested in a second opinion. It is my understanding that a purchase TD (which the larger amount TD likely is) still gets priority position if the date it was signed precedes even the recording date of a non-purchase TD (provided it is recorded within 10 days). All other TD, leins, etc. are in race mode. Maybe this is not true in CA. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : In an upcoming trustee sale a lesser amount Trust Deed will be auctioned. This TD is dated/written earlier by 10 days than a larger $ deed on the prop. but recorded on the on the same day with a recorded document number after the larger dollar amount deed. The question- which is the senior/1st deed, the deed written first or the deed recorded first. Because if the smaller amount deed is the first and is bought at auction will it not wipe out the larger amount deed? Thanks for your help. Chris : I would be interested in a second opinion. It is my understanding that a purchase TD (which the larger amount TD likely is) still gets priority position if the date it was signed precedes even the recording date of a non-purchase TD (provided it is recorded within 10 days). All other TD, leins, etc. are in race mode. Maybe this is not true in CA. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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