45-112. PRIORITY OF PURCHASE MONEY MORTGAGE. A mortgage given for the price of real property, at the time of its conveyance, has priority over all other liens created against the purchaser, subject to the operation of the recording laws.
History:
[(45-112) R.S., sec. 3336; reen. R.C. & C.L., sec. 3384; C.S., sec. 6351; I.C.A., sec. 44-112.]
Structure Idaho Code
Title 45 - LIENS, MORTGAGES AND PLEDGES
Section 45-101 - LIENS DEFINED.
Section 45-102 - GENERAL AND SPECIAL LIENS.
Section 45-103 - GENERAL LIEN DEFINED.
Section 45-104 - SPECIAL LIEN DEFINED.
Section 45-105 - SATISFACTION OF PRIOR LIEN.
Section 45-106 - CONTRACTS SUBJECT TO THIS CHAPTER.
Section 45-107 - LIEN ON FUTURE INTEREST.
Section 45-108 - LIEN FOR PERFORMANCE OF FUTURE OBLIGATIONS — VALIDITY — PRIORITY.
Section 45-109 - LIEN TRANSFERS NO TITLE.
Section 45-110 - CONTRACTS FOR FORFEITURE VOID.
Section 45-111 - PERSONAL OBLIGATION NOT IMPLIED.
Section 45-112 - PRIORITY OF PURCHASE MONEY MORTGAGE.
Section 45-113 - RIGHT TO REDEEM FROM LIEN.
Section 45-114 - RIGHTS OF JUNIOR LIENOR.
Section 45-115 - RESTORATION EXTINGUISHES LIEN.
Section 45-116 - EFFECT OF MODIFICATION ON PRIORITY OF LIEN.