Finance
Under Ohio law, a 'purchase money mortgage' given by a seller to help the buyer purchase property has priority over:
AAll prior liens on the property
BOther liens that arise at or after closing, because it is considered a contemporaneous transaction✓ Correct
COnly judgment liens filed the same day
DNo other liens — it is always last in priority
Explanation
A purchase money mortgage given by the seller is typically given high priority over other liens that arise contemporaneously with the purchase, because it was used to acquire the property itself.
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