How are lien priorities established and which one of the above liens has the highest priority?
How are lien priorities established and which one of the above liens has the highest priority? A general rule in property law says that whichever lien is recorded first in the land records has higher priority over later-recorded liens. This rule is known as the “first in time, first in right” rule. What is the … Continue reading How are lien priorities established and which one of the above liens has the highest priority?
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