Legal Question in Real Estate Law in Missouri

In the state of Missouri, is a promissory note held by an individual on a piece of commercial property senior to the bank's mortgage on the same piece of commercial property?


Asked on 6/06/10, 8:20 am

1 Answer from Attorneys

Anthony Smith LawSmith

If the note was recorded before teh mortgage, then it may be superior. Other wise, a previously deed of trust would be superior.

Good luck

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Answered on 6/07/10, 1:16 pm


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