Every mortgage given at the time of the purchase of real estate to secure the payment of the purchase money, whether such mortgage be given to the seller or to a third-party lender, shall be entitled to a preference over all judgments and other debts of the mortgagor, which preference shall extend only to the land purchased.
Structure Mississippi Code
Title 89 - Real and Personal Property
Chapter 1 - Land and Conveyances
§ 89-1-1. Land conveyed to vest immediately or in future
§ 89-1-3. Land to be conveyed only by writing
§ 89-1-5. Words of inheritance not necessary
§ 89-1-7. Estate in two or more persons
§ 89-1-9. The rule in Shelley's Case abolished
§ 89-1-11. Remainder good without particular estate
§ 89-1-13. Limitation on failure of issue
§ 89-1-15. Estates in fee tail prohibited
§ 89-1-17. Alienation good for grantor's interest; remainder not affected
§ 89-1-19. Right of entry not tolled by death of disseizor
§ 89-1-21. How body politic, public or private corporation may convey land
§ 89-1-23. Aliens holding land
§ 89-1-27. Conveyances by masters, commissioners, sheriffs or other officers
§ 89-1-33. Effect of word "warrant" in conveyance
§ 89-1-35. Effect of words "warrant specially."
§ 89-1-37. Effect of a conveyance without warranty
§ 89-1-39. Effect of quitclaim and release
§ 89-1-41. Effect of words "grant, bargain, sell."
§ 89-1-43. Mortgages and trust estates; trust estates subject to execution
§ 89-1-45. Mortgage for purchase money of land
§ 89-1-47. Deed not shown to be mortgage by parol evidence
§ 89-1-51. Trustee may acknowledge satisfaction
§ 89-1-55. How lands sold under mortgages and deeds in trust
§ 89-1-57. Deed of trust or mortgage; how sale made when terms not specified
§ 89-1-59. Accelerated debt may be reinstated by payment of all default before sale
§ 89-1-61. Forms for conveyances
§ 89-1-65. Sheriff's conveyance
§ 89-1-67. Conveyance by administrator, executor, guardian, master, or commissioner