Rich purchased property from Skylar for $200,000. Right obtained a $150,000 loan from March Bank to finance the purchase, executing a promissory note and a mortgage. By recording the mortgage, Marsh protects its
a. Rights against Rich under the promissory note.
b. Rights against the claims of subsequent bona fide purchasers for value.
c. Priority against a previously filed real estate tax lien on the property.
d. Priority against all parties having earlier claims to the property.
Answer: B
Tax
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