Check Your Understanding Answers
- What two factors primarily determine lien priority?
- the lien's categorization as superior or junior
- the date of recordation of the lien
- What types of liens are considered superior liens?
- Real estate tax liens
- Special assessment liens
- Federal and state inheritance tax liens
- A court-ordered lien against all real or personal property of a parent who defaults on child support is an example of what kind of lien?
Judgment lien
- What does a mechanic’s lien do?
It secures the costs of labor, materials, and supplies incurred in the repair or construction of real property improvements so that if a property owner fails to pay for work performed, or materials supplied, a worker or supplier can file a lien to force the sale of the property and collect the debt.
