SB 935 Modifies the law relating to priority in mechanic's lien rights
Sponsor: Griesheimer
LR Number: 4933S.01I Fiscal Note: 4933-01N.ORG
Committee: General Laws
Last Action: 2/23/2010 - Hearing Conducted S General Laws Committee Journal Page:
Title: Calendar Position:
Effective Date: August 28, 2010

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Current Bill Summary

SB 935 - Currently, when a mechanics' lien arises before a deed of trust, the lien is superior as to both the land and any subsequent buildings and improvements. This act removes the provision establishing superiority as to the land.

Currently, when an individual does work on property subject to an existing deed of trust, the lien claimant's interest is superior to the holder of the existing deed as to the buildings, erections, and improvements and conversely, the holder of the deed retains an interest in the land superior to the lien claimant. This act removes that provision.