Escrow & Title
In Texas, a 'purchase money deed of trust' (PMDT) has priority over all other liens that attach after it because:
ATREC rules give purchase money liens automatic priority
BUnder Texas law, a purchase money lien used to finance the purchase takes priority over other liens, including prior judgment liens, when the funds were used to acquire the property✓ Correct
CThe lender is the last to accept risk
DHomestead protection requires it
Explanation
A purchase money deed of trust in Texas has special priority because the lender is providing the funds that allow the buyer to acquire the property. Texas law gives purchase money liens a 'super priority' status that can prevail over pre-existing judgment liens against the buyer, as the buyer had no equity for those creditors to attach to.
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