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California Law on Priority of Purchase-Money Loan vis-à-vis Reattaching Junior Lien

Jun 19, 2003 | By: Michael J. Hassen

California Appellate Court Resolves Matter of First Impression Regarding Reattaching Liens Under California law, a wiped out junior lien reattaches if the trustor repurchases the real property that secured the debt. The question is, if the trustor obtains a purchase-money loan to buy the property, does the reattaching lien have priority over the purchase-money loan? This was a matter of first impression when addressed by the court in DMC, Inc. v.

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