#106: Construction Mortgage Priority and Direct Payments to Subs/Suppliers
NH Construction Law
OCTOBER 30, 2021
A few years back I blogged ( #44 ) on the relative priorities of construction mortgages and mechanic’s liens under RSA 447:12-a. Regardless of who recorded first at the registry of deeds, that statute affords priority to mechanic’s liens except in two scenarios. Shawmut Bank , 139 N.H. 50 (1994), says that it is not.
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