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Which lien has first priority?
Liens are given priority in the order that they are filed. Liens for property taxes, however, will be given priority in the case of a foreclosure sale. But after any back taxes are paid, then the lien filed in first in chronological order will be given the highest priority.
Would a UCC lien on a property have priority over a mortgage that was recorded prior to the UCC?
The lien that was recorded first would have priority.The lien that was recorded first would have priority.The lien that was recorded first would have priority.The lien that was recorded first would have priority.
What is the bankers' lien?
The mortgage holder's lien which is considered a secured, priority claim.
Does a mechanical lien cancel other lien?
No. But some liens have priority over others. Usually the first lien to be filed has priority. But not always. Without knowing what the "other lien" is for, it's impossible to provide a more specific answer.
Which condition has the highest priority of all injuries?
what is the highest priority of all injuries
How long lien stays on the property in ny?
Each type of lien has its own statute of limitations. It depends on the type of lien.Each type of lien has its own statute of limitations. It depends on the type of lien.Each type of lien has its own statute of limitations. It depends on the type of lien.Each type of lien has its own statute of limitations. It depends on the type of lien.
Which is the highest priority interrupt for 8051?
The highest priority interrupt in the 8085 is the TRAP interrupt.
Does an auto repair shop lien for unpaid repairs have priority over the bank who has secured interest and title?
No. The bank has a prior lien. The mechanic's lien takes second place.
Does a lien over a residential property have priority over a bank first mortgage?
No. Just imagine, if liens filed after the mtg had priority over the mtg, then the mtgee's cosin could file a lien on the mtged property and screw the mtgor.
Which IRQ has the highest priority?
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Can the IRS put a lien on a house that already has a lien on it from an individual?
Yes, but in most cases whoever had their lien filed and perfected first will have priority (get paid first) over anyone else who files a lien. The IRS can file a lien, they'll just be second in line.
What is difference between general lien and perfect lien?
The general lien refers to any type of security while a perfect lien refers to a specific type of security.
