779.98 Payment of prior real estate liens.
(1) Any person having a lien on real estate against which there is a prior lien may pay any or all of the items in sub. (2). The amounts paid shall be added to the payor's lien, with interest from the date of payment at the same rate as when paid, or if no rate was provided for prior to such payment, at the legal rate of interest. Interest on amounts paid for items described in sub. (2) (d) shall be computed at the rate under s. 74.77. All sums so paid shall be collected as a part of and in the same manner as is the lien by virtue of which said payments are made and be entitled to the same priority.
(2) The items, any or all of which may be paid under sub. (1), are as follows:
(a) Any past due or defaulted principal or interest of a prior lien.
(b) Any interest or amortized installment due under a prior lien.
(c) Premiums and assessment on insurance policies necessary to protect the security of the lienor making such payments or of any prior lien and authorized under the terms of either such lien.
(d) Taxes or special assessments due and unpaid on any realty covered by the lien with interest, penalties and costs.
(e) Any portion of a prior lien.
(f) Any charge for improvements or any other item authorized by statutes or by the terms of any prior lien.
(3) Payments made under sub. (1) shall be proved by the affidavit of the person making the payment or the person's agent or attorney, giving the items paid, the dates when paid and the description of the real estate on which the lien is claimed, shall have priority over any liens which were subsequent to the lien of the person making the payment at the date of such payments, and shall also have priority over any lien filed after such affidavit is recorded with the register of deeds of the county where the land is located. Said payments shall also be prior to any liens filed before the recording of such affidavit if such filing was made with knowledge of such payments.
(4) The payments may be made during the period in which any lien is being enforced, or during the redemption period. An affidavit of the payments as provided in sub. (3) may be recorded with the register of deeds, and a copy of the affidavit shall be furnished by the sheriff at least 5 days before the expiration of the redemption period.
(5) If the lienor at the time of making such payment has an equal priority with other lienors, and the property securing such liens does not sell for a sufficient sum to pay all liens, the person making such payments shall be repaid the amounts thereof before the other equal lienors receive any share in the proceeds of such sale.
History: 1987 a. 378 s. 76; Stats. 1987 s. 779.98; 1987 a. 403; 1993 a. 301, 486.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
779.03 - Lien valid unless waived by claimant personally, or unless payment bond furnished.
779.035 - Form of contract; payment bond; remedy.
779.036 - Contracts with payment bond; lien; notice; duty of owner and lender.
779.04 - Claims assignable; notice; prior payment.
779.07 - Judgment and lien docket.
779.08 - Release of lien; undertaking.
779.09 - Foreclosure of lien; procedure; parties.
779.11 - Distribution of proceeds of sale.
779.12 - Sale; notice and report; deficiency judgment; writ of assistance.
779.13 - Satisfaction of judgment or lien; correction of errors.
779.135 - Construction contracts, form of contract.
779.14 - Public works, form of contract, bond, remedy.
779.155 - Judgment creditors, attachment of funds due to public contractors.
779.16 - Theft by contractors.
779.17 - Release of funds on filing bond.
779.19 - Petition for log lien; filing same.
779.20 - Action to enforce log lien; parties; costs; change of venue.
779.21 - Attachment, affidavit for; undertaking; service of writ.
779.24 - Lien for camp supplies.
779.25 - Lien for joint log driving.
779.26 - Lien of improvement companies.
779.30 - Undertaking by intervenor; procedure.
779.36 - Extent of lien; filing claim.
779.37 - Satisfaction of lien.
779.40 - Liens for labor in quarry.
779.413 - Liens on aircraft and aircraft engines.
779.415 - Liens on vehicles for towing and storage.
779.42 - Obtaining mechanic's services by misrepresentation of interest in personal property.
779.43 - Liens of keepers of hotels, livery stables, garages, marinas and pastures.
779.45 - Liens of factors, brokers, etc.
779.47 - Plastics fabricator's lien.
779.49 - Lien of owner of breeding animal or methods.
779.50 - Lien for threshing, husking, baling; enforcement.
779.71 - Disposition of articles left for laundering, dry cleaning, repair, storage.
779.87 - Escrow account or bond requirement.
779.88 - Prepaid maintenance lien.
779.89 - Attachment and preservation.
779.90 - Notice of existence of lien.
779.92 - Enforceability of lien.
779.93 - Duties of the department of agriculture, trade and consumer protection.