IWB GLOBAL PODCAST

Priority of Claims: Who Has the First Right Over a Property?

In real estate, several rights, loans, or liens may exist against the same property. Priority determines the order in which those interests are recognized and can affect who has the first right to payment, enforcement, or proceeds related to the property. In this episode, we explore how priority works, why the order of recording can matter, and how the priority of mortgages, liens, and other property interests can influence a real estate transaction.