A foreclosure finds a homeowner with the following liens: a first mortgage dated five years earlier; a second mortgage dated two

Question

2 years ago

10

A foreclosure finds a homeowner with the following liens: a first mortgage dated five years earlier; a second mortgage dated two

years earlier; an unpaid real estate tax bill for the current year; and a mechanic's lien for work performed five years earlier. Which of these liens will be paid off first?

Social Studies

1 answer:

Evgen [1.6K] · Answer 1 · 2022-03-07T03:09:35+03:00

Evgen [1.6K]2 years ago

5 0

The correct answer is Property tax lien

Explanation: This is a certificate of claim against a property that has a lien placed upon it as a result of unpaid property taxes.