Article Date: 12/15/2022


Construction Lender Loses Collateral


Supreme Court of Alaska

 

Chang v. Rhee

 

Case no.:  S-17827

Date filed: December 7, 2022

 

 

Overview

 

The Alaska Supreme Court has ruled that a “claim of lien,” mistakenly recorded to secure a construction loan, did not put subsequent purchasers on notice of a security interest. The construction lender lost his collateral.

 

 

Background

 

Jae Chang made a series of ... Log in to view the full text.

 



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