Download This PaperLiving with Tied Priority
4 Pages Posted: 30 Jan 2012
Date Written: January 26, 2012
Abstract
This article analyzes a recent California appellate decision holding that two lenders had equal priority because their mortgages were deemed received by the county recorder’s office at the same time when the overnight mail was opened.
Keywords: First Bank v. East-West Bank, priority, recording, mortgages
Suggested Citation: Suggested Citation
Bernhardt, Roger, Living with Tied Priority (January 26, 2012). Available at SSRN: https://ssrn.com/abstract=1992702 or http://dx.doi.org/10.2139/ssrn.1992702
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