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Current as of January 01, 2022 | Updated by FindLaw Staff
In an action for the enforcement of an equitable lien, the objective of which is to secure the payment of money, the court, upon motion of any party aggrieved, as a condition of cancellation of the notice of pendency, may direct that such party post sufficient security to insure the payment of money as may, by the final determination of the action, be ascertained to be chargeable upon the affected real estate. Nothing herein contained shall preclude the posting of bond or other security by agreement of the parties as a condition of cancellation.
Cite this article: FindLaw.com - Delaware Code Title 25. Property § 1607. Cancellation upon condition of security - last updated January 01, 2022 | https://codes.findlaw.com/de/title-25-property/de-code-sect-25-1607/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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