Tag Archive: lien priority

Super Priority Lien Basics

A lien is a document that records a debt, using a condo unit as collateral for the debt.  Ordinarily, a lien against real estate has “priority” based on the date the lien is recorded.  Once a lien is recorded, it becomes next in line to any liens previously recorded – first come, first served.  This…

Tag Archive: lien priority

Super Priority Lien Basics

A lien is a document that records a debt, using a condo unit as collateral for the debt.  Ordinarily, a lien against real estate has “priority” based on the date the lien is recorded.  Once a lien is recorded, it becomes next in line to any liens previously recorded – first come, first served.  This…