The term Junior Lien is also known as which?

The term Junior Lien is also known as which?

• A. Senior Lien
• B. Junior Lien
• C. Primary Lien
• D. Equitable Lien

Answer: (B)

In liens against property, priority determines who gets paid first if the property is sold. A senior lien has higher priority, meaning it gets paid before others. A junior lien is lower in priority and is considered subordinate to that senior lien. The question asks which term is another name for a junior lien. Among the options, the term that directly describes the same concept is Junior Lien, since it denotes a lien that is below the higher-priority lien. The other terms don’t fit: a senior lien represents the opposite, a primary lien isn’t a standard term in this context, and an equitable lien refers to a different judicial concept not about priority.

In liens against property, priority determines who gets paid first if the property is sold. A senior lien has higher priority, meaning it gets paid before others. A junior lien is lower in priority and is considered subordinate to that senior lien. The question asks which term is another name for a junior lien. Among the options, the term that directly describes the same concept is Junior Lien, since it denotes a lien that is below the higher-priority lien. The other terms don’t fit: a senior lien represents the opposite, a primary lien isn’t a standard term in this context, and an equitable lien refers to a different judicial concept not about priority.