Escrow & Title
Which of the following liens has the highest priority in Minnesota?
AA recorded mortgage from a bank
BA real estate tax lien for unpaid property taxes✓ Correct
CA mechanic's lien
DA judgment lien
Explanation
Real estate tax liens for unpaid property taxes have super-priority in Minnesota—they take precedence over all other liens, including first mortgages, regardless of when they were recorded. This is why lenders require escrow for property taxes and why buyers receive clear title only after all taxes are paid.
Related Minnesota Escrow & Title Questions
- A Minnesota title company charges a 'gap premium' in addition to the standard title insurance premium. What does the gap period refer to?
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- In Minnesota, a deed that contains the phrase 'to have and to hold' is using which traditional deed clause?
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