6-Priority of Liens-Chapter 12
12.7. Priority of Liens This was discussed in a prior lesson. The general order of lien priority is: Property Tax Liens Special Assessment Liens First Mortgage/Deed of Trust HOA Super-Priority Liens Mechanic’s Liens Second Mortgages/HELOCs Judgment Liens IRS Liens Subordinate Liens Lien priority is essential because it dictates the order of payment from a property […]