§20.2 - Development as a Lien Theory State

• Jurisdiction: Washington

§20.2 DEVELOPMENT AS A LIEN THEORY STATE

The AMERICAN LAW OF PROPERTY traces the history of mortgages from the Glanvillian gage through the statutes, merchant and staple, the Jewish gage of land, the Bractonian mortgage, and the early development of common law. 4 AMERICAN LAW OF PROPERTY §§16.1—.16 (A. James Casner ed., 1952). This source contains an excellent discussion of the background of the modern English mortgage and the various American theories on mortgages, from the title theory to the lien...