What does “priority” mean in the context of liens in connection with real property

What does “priority” mean in the context of liens in connection with real property

Q.

What does “priority” mean in the context of liens in connection with real property?

A.

In connection with real property, “priority” means where you fit on the ladder, or where a lien or encumbrance fits on the ladder. Priority is usually based on timing. Is something prior in time than another lien or encumbrance?

You also have a question of superiority versus junior liens.

Example: a purchase-money mortgage can have superiority over some liens, even if the purchase money-mortgage came later in time.