Question

A lien's priority is determined by: The size of the lien determines priority A mechanic's lien always has first priority The date of the lien determines priority The date the lien is recorded determines priority except mechanic's liens

Answer 1

Lien "priority" determines the order in which creditors get paid following a foreclosure. If one lien has priority over another lien, it gets paid before the other lien.

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Answer 2

Answer:Lien "priority" determines the order in which creditors get paid following a foreclosure. If one lien has priority over another lien, it gets paid before the other lien.

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Read on to learn more about different types of liens, how lien priority is determined, and how priority affects what happens to liens in a foreclosure.

Step-by-step explanation: