Indiana Code 32-29-1-4. Purchase money mortgage
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Terms Used In Indiana Code 32-29-1-4
- Judgment: means all final orders, decrees, and determinations in an action and all orders upon which executions may issue. See Indiana Code 1-1-4-5
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
Sec. 4. A mortgage granted by a purchaser to secure purchase money has priority over a prior judgment against the purchaser.
[Pre-2002 Recodification Citation: 32-8-11-4.]
As added by P.L.2-2002, SEC.14.