SEC. 164.05. SPECIAL PROVISIONS WHERE PROPERTY IS ENCUMBERED WITH THE SECURITY…
Los Angeles Rent Rules (LAMC excerpts) · 2025 edition · ingested 2026-07-08 · Los Angeles
In the event that a property is encumbered by the security interests of more than one beneficiary at the time when a notice of default is recorded, the beneficiary who first causes a notice of default for its security interest to be recorded shall be responsible for registering the property with the City as required by this article.