Geez Helen, I don't know. What do you think?

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Trustee Sale Survivors

Posted by steve on March 15, 2004 at 0:46 AM

I am looking at a piece of property that will be at the trustee sale. Title Search shows that the property has a 1st, 2nd, State tax lien, and an attachement.

1st and 2nd are ordinary.

The State Tax Lien is from the Employment Development Dept (EDD) while the owner had a business employing contractors. The EDD apparently stated that he owe some FICA and Disability Taxes. The owner disagreed and now there is a lien.

The Attachement is a judgment against the owner who failed to pay the lease on his business building when he owned the business. The judgment was first filed by the leasing company (or creditor).

The question is:
Will these emcumbrances survive after the trustee's sale of the 1st trust deed?


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