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Home / Opinion Digests / Lien Avoided for Defective Recordation (access required)

Lien Avoided for Defective Recordation (access required)

A bank cannot collect on a loan secured by a deed of trust on two contiguous parcels in Orange County, N.C., because the deed of trust on one of the tracts was not properly recorded under state law, and the 4th Circuit upholds the bankruptcy court order to avoid the bank’s lien on that tract. In ...