Thursday, 25 June 2015

"Get your priorities straight!" refinanced first mortgage maintains priority ... - Lexology (registration)

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"Get your priorities straight!" refinanced first mortgage maintains priority ...
Lexology (registration)
New Jersey is a "race-notice" jurisdiction when it comes to mortgage priority. What this means, in its simplest terms, is that if Party A obtains a mortgage on a piece of property before Party B does, but Party B records its mortgage first (i.e., it ...

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