ARTICLE 5. Redemption From Lien

Article 5 enacted 1872.

§§ 2903–2906 · 4 sections

• § 2903 Every person, having an interest in property subject to a lien, has a right to redeem it from the lien, at any time after the claim is due, and before his…
• § 2904 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…
• § 2905 Redemption from a lien is made by performing, or offering to perform, the act for the performance of which it is a security, and paying, or offering to pay,…
• § 2906 An option granted to a secured party by a debtor to acquire an interest in real property collateral takes priority as of its recording and is effective…