Legal Question in Admiralty Law in Florida
marine morgage
what is differance between first and second mortgage?
Asked on 11/01/08, 11:48 am
1 Answer from Attorneys
Alan Wagner
Wagner, McLaughlin & Whittemore P.A.
Re: marine morgage
In a foreclosure, the first mortgage is paid first and the second mortgage is paid second (after the first has been fully paid).
Answered on 11/01/08, 12:26 pm
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