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Futuri Real Estate v. Atlantic Trustee Services

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Current status: FILED
As of: Nov 27, 2019
Source: SUPREME COURT OF VIRGINIA · DOCKET 181501 ↗

Why this status appears

Status is derived only from narrow phrases in the court’s verbatim disposition or latest docket entry.

181501 Futuri Real Estate v. Atlantic Trustee Services 11/27/2019 In a dispute between a foreclosure purchaser of real property and a bank that had held two of the encumbrances against the property -- one as a senior lien and another in third priority -- a recorded agreement subordinating the first lien to the third lien, which addressed only the priority of the bank's two liens, will be construed as only a partial subordination of the senior lienholder's priority position. The judgment is affi…

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