Menu
Home>Levelset Community>Legal Help>What happens to a retainage lien when a bank files for foreclosure?

What happens to a retainage lien when a bank files for foreclosure?

California

I finished my work and to secure my rights I filed a lien for my retainage. The owner is in default and the bank is going to foreclose. What will happen to my lien?

1 reply

Jul 22, 2022

Mechanic's liens have priority in a situation like this but it depends on the position of the loan that is foreclosing. You need to stay engaged with the attorney for the bank to ensure that you get paid out if there is a foreclosure sale.

0 people found this helpful
Helpful