Author Question: In a state where the liens date back to the start of construction, what priority will the permanent ... (Read 116 times)

tiffannnnyyyyyy

  • Hero Member
  • *****
  • Posts: 512
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

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

For a complete list of videos, visit our video library