Finance
In Maine, a 'subordinate lien' is a mortgage or lien that:
AHas priority over all other claims
BHas a lower priority than another lien on the same property✓ Correct
CIs held by the state government
DAutomatically becomes superior after 1 year
Explanation
A subordinate lien (junior lien) has lower priority than a senior lien. In a foreclosure, senior liens are paid first from the proceeds; subordinate liens are paid only if funds remain.
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