California Civil Code 2904 – One who has a lien inferior to another, upon the same property, has a …
Current as of: 2024 | Check for updates
|
Other versions
One who has a lien inferior to another, upon the same property, has a right:
1. To redeem the property in the same manner as its owner might, from the superior lien; and,
Terms Used In California Civil Code 2904
- Lien: A claim against real or personal property in satisfaction of a debt.
- property: includes property real and personal. See California Civil Code 14
2. To be subrogated to all the benefits of the superior lien, when necessary for the protection of his interests, upon satisfying the claim secured thereby.
(Enacted 1872.)