Final answer:
Property and federal tax liens typically take precedence over all other liens attached to a property. These liens are settled first from the proceeds of a property sale. Other liens like mortgages and judgment liens usually come after in priority.
Step-by-step explanation:
In the realm of property law, certain types of liens have priority over others. This means they will be paid first out of any proceeds from the sale of the property that has the liens against it.
The liens that usually take precedence over all other liens are tax liens and mechanic's liens, depending on the jurisdiction. More specifically, property tax liens and federal tax liens often hold the highest priority.
For instance, if a property has multiple liens against it, and it is sold at foreclosure or another type of sale, the proceeds from that sale will first go towards paying off the property tax lien, then federal tax liens, and so on, according to the priority established by law.
Other common types of liens that might be attached to a property include mortgages, judgment liens, and mechanic's liens, which generally have a lower priority unless state-specific laws grant them a higher precedence. It's important to understand the specific laws of your jurisdiction to determine lien priority accurately.