Which of the following statements is true regarding the priority of liens in a condo project:

Which of the following statements is true regarding the priority of liens in a condo project:


A) Mortgages of record have priority over all other liens
B) The association's lien may take priority over a mortgage of record
C) The interest of a buyer in a foreclosure sale is subject to an existing lien by the Association
D) A municipal improvement district assessment for roan widening has priority over recorded mortgages and association liens

Answer: 




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