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Marshaling liens

Defined in 2 dictionaries — Black's (1910), Black's (1891)

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

The ranking or ordering of several estates or parcels of land, for the satisfaction of a judgment or mortgage to which they are ali liable, though successively conveyed away by the debtor. The rule is that, where lands subject to the lien of a judgment or mortgage have been sold or incumbered by the owner at different times to different purchasers, the various tracts are liable to the satisfaction of the lien in the inverse order of their alienation or incumbrance, the land last sold being first chargeable. 1 Black, Judgm. § 440.

Defined under Marshaling in Black's Law Dictionary.

A Dictionary of Law

Henry Campbell Black · 1891

The ranking or ordering of several estates or parcels of land, for the satisfaction of a judgment or mortgage to which they are all liable, though successively conveyed away by the debtor. The rule is that, where lands subject to the lien of a judgment or mortgage have been sold or incumbered by the owner at different times to different purchasers, the various tracts are liable to the satisfaction of the lien in the inverse order of their alienation or incumbrance, the land last sold being first chargeable. 1 Black, Judgm. § 440.