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2013 Mississippi Code
Title 89 - REAL AND PERSONAL PROPERTY
Chapter 1 - LAND AND CONVEYANCES
IN GENERAL
§ 89-1-45 - Mortgage for purchase money of land


MS Code § 89-1-45 (2013) What's This?

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.

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