Which lien would have highest priority?
A) Property tax lien
B) Mechanic's lien
C) First mortgage or trust deed
D) The lien which is recorded first
Correct Answer:
Verified
Q2: Of the following parties to a mortgage,
Q3: When a borrower gets behind on his
Q4: A mortgagee in a lien theory state
Q5: Unless there is a specific agreement to
Q6: In some states, a mortgage is considered
Q8: The parties to a mortgage are called
A)
Q9: A second mortgage is
A) a seller's lien.
B)
Q10: The phrase "jointly and severally liable" in
Q11: A "due on sale" clause
A) may be
Q12: A property is sold and the buyer
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