first lien

A lien that takes priority over all other charges or encumbrances on the same property and that must be satisfied before other charges may share in proceeds from the property’s sale.
专业法律词汇 词条贡献者
双语律师李黎,国际知名法学院法律专业,擅长翻译各类与消费者金融诉讼相关的法律文件。
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