46:9-8 - Purchase money mortgage over judgments
46:9-8.Ā Purchase money mortgage over judgments
Whenever real estate situate in this state is or shall be sold and conveyed,Ā and a mortgage is given by the purchaser at the same time, on the real estateĀ sold, to secure the payment of the purchase money or any part thereof, suchĀ mortgage shall be preferred to any previous judgment which may have beenĀ obtained against such purchaser.
Whenever real estate situate in this state is or shall be sold and conveyed,Ā and a mortgage is given by the purchaser at the same time, on the real estateĀ sold, to secure the payment of the purchase money or any part thereof, suchĀ mortgage shall be preferred to any previous judgment which may have beenĀ obtained against such purchaser.