Except as otherwise provided in RCW 60.04.061 or 60.04.221, any mortgage or deed of trust shall be prior to all liens, mortgages, deeds of trust, and other encumbrances which have not been recorded prior to the recording of the mortgage or deed of trust to the extent of all sums secured by the mortgage or deed of trust regardless of when the same are disbursed or whether the disbursements are obligatory.
RCW 60.04.226
Financial encumbrances—Priorities.
Applied in 7 court decisions — leading case In Re Kevin M. Stanton (2002)
Most recently applied in 167 Wash. App. 373 - Pacific Continental Bank v. Soundview 90, LLC (March 2012)
1991 c 281 s 23.
Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.