§ 2.3 Evaluating Liens and Subrogation Rights

JurisdictionArizona

§ 2.3 - Evaluating Liens and Subrogation Rights

In evaluating many third-party interests, it is often helpful to determine whether they, in fact, constitute a lien against property or whether they contemplate subrogation of a right to assert a claim for damages. Unfortunately, common or statutory labels applied to some third-party interests will often not align with the actual legal characteristics of those interests.

In other words, just because something is called a "lien" or "subrogation right" does not...

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