58-2305. Purchase money mortgage; priority.

58-2305

Chapter 58.--PERSONAL AND REAL PROPERTY Part 6.--MISCELLANEOUS PROVISIONS Article 23.--MORTGAGES OF REAL PROPERTY

      58-2305.   Purchase money mortgage; priority.A mortgage given by a purchaser to secure the payment of purchase moneyshall have preference over a prior judgment against such purchaser.

      History:   G.S. 1868, ch. 68, § 4; Oct. 31; R.S. 1923, 67-305.