Author Question: In a state where the liens date back to the start of construction, what priority will the permanent ... (Read 94 times)

tiffannnnyyyyyy

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In a state where the liens date back to the start of construction, what priority will the permanent lender have if liens exist when the mortgage is recorded?
 A) Last priority
 B) First priority if the lender is a permanent lender
 C) The same priority as the construction lender
 D) None of the above

Question 2

The status of a trustee in a bankruptcy proceeding is best described as the:
 A) prosecutor of the debtor.
 B) successor to the debtor.
 C) defender of the debtor.
 D) protector of the debtor.



aprice35067

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Answer to Question 1

A

Answer to Question 2

B



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