2017 Idaho Statutes
Title 45 - LIENS, MORTGAGES AND PLEDGES
Chapter 8 - MISCELLANEOUS LIENS
Section 45-802 - VENDOR’S LIEN — WAIVER.
45-802. Vendor’s lien — Waiver. Where a buyer of real property gives to the seller a written contract for payment of all or part of the price, an absolute transfer of such contract by the seller waives his lien to the extent of the sum payable under the contract, but a transfer of such contract, in trust to pay debts, and return the surplus, is not a waiver of the lien.
[(45-802) R.S., sec. 3441; reen. R.C. & C.L., sec. 3442; C.S., sec. 6409; I.C.A., sec. 44-702.]
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