Idaho Code § 45-114

Current through Chapter 330 of the 2024 Regular Legislative Session

Section 45-114 - RIGHTS OF JUNIOR LIENOR

One who has a lien inferior to another, upon the same property, has a right:

1. To redeem the property in the same manner as its owner might, from the superior lien; and,

2. To be subrogated to all the benefits of the superior lien, when necessary for the protection of his interests upon satisfying the claim secured thereby.

Idaho Code § 45-114

[(45-114) R.S., sec. 3338; reen. R.C. & C.L., sec. 3386; C.S., sec. 6353; I.C.A., sec. 44-114.]