Montana Code 71-3-1007. Priority
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71-3-1007. Priority. (1) Upon compliance with the provisions of 71-3-1004, such lien shall be preferred to all other titles, charges, liens, or encumbrances which may attach to or upon any of the property upon which a lien is given by this part subsequent to the date the lien herein provided for arises.
Terms Used In Montana Code 71-3-1007
- Lien: A claim against real or personal property in satisfaction of a debt.
- Material: means material, fuel, machinery, equipment, appliances, buildings, structures, tools, bits, or supplies but does not include drilling rigs or hoists or their integral component parts except wire lines. See Montana Code 71-3-1001
- Property: means real and personal property. See Montana Code 1-1-205
(2)All liens affixed by virtue of this part upon the same property shall be of equal standing.
(3)The lien herein provided for shall have no priority over other liens, encumbrances, or mortgages which are filed or recorded prior to the date of the furnishing of the first item of material or services or the date of performance of the first labor.