inverse order of alienation doctrine

inverse-order-of-alienation doctrine. The principle that if one has not collected on the mortgage or lien on a property sold off in successive parcels, one may collect first from the parcel still held by the original owner, then from the parcel sold last, then next to last, and so on until the amount has been satisfied. — Also termed rule of marshaling liens. [Cases: Mortgages 290. C.J.S. Mortgages §§ 436–439.]

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词条贡献者

译者Jeffrey，毕业于国内一流的高级翻译学院，擅长翻译各种与首次公开发行/其他股权或债务发行相关的法律文件。