Ark. Code § 23-54-107

Current with legislation from 2024 Fiscal and Special Sessions.
Section 23-54-107 - Lien
(a) A reverse mortgage shall constitute a lien against the subject property to the extent of all advances made under the reverse mortgage and all interest accrued on the advances.
(b) The lien shall have priority over any lien filed after recordation of the reverse mortgage.

Ark. Code § 23-54-107

Acts 2005, No. 2166, § 1.