71-3-114. Priority of purchase money mortgage. Except as otherwise provided by law, 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: En. Sec. 3771, Civ. C. 1895; re-en. Sec. 5721, Rev. C. 1907; re-en. Sec. 8236, R.C.M. 1921; Cal. Civ. C. Sec. 2898; re-en. Sec. 8236, R.C.M. 1935; R.C.M. 1947, 45-202.
Structure Montana Code Annotated
Title 71. Mortgages, Pledges, and Liens
71-3-103. No lien for claim not due
71-3-105. Lien on future interest
71-3-108. Lien or contract for lien transfers no title
71-3-109. Certain contracts void
71-3-110. Enforcement of obligation by creditor
71-3-111. Creation of lien not a personal obligation
71-3-112. Holder of lien not entitled to compensation
71-3-114. Priority of purchase money mortgage
71-3-115. Order of resort to different funds
71-3-118. Rights of inferior lienor
71-3-119. Lien accessory to performance
71-3-120. Effect of partial performance
71-3-121. Extinction by sale or wrongful conversion
71-3-122. Lien extinguished by statute of limitations
71-3-123. When restoration extinguishes lien
71-3-125. Filing of agricultural lien statements