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Updated over 6 years ago,
1st lien on a property to 1st recording or 1st mortgage execution
As I realize the answer may depend on the State of the property, I am wondering if the 1st lien on a property is given to the 1st mortgage recorded, or the oldest mortgage document execution.
Basically if I have 2 mortgages on my property from lender A and lender B, regardless of the amount.
A is signed on February 15
B signed on March 15,
however B is recorded right away on March 18th and A is recorded on March 30th.
Who has 1st lien position on the property in the court of law?
Thank you