A transaction in which property is acquired through the exchange of money or something of equivalent value.
Related information about purchase money transaction:
- What is purchase money transaction? definition and meaning
Definition of purchase money transaction: A transaction in which property is acquired through the exchange of money or something of equivalent value.
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... stating the terms and conditions under which a property will be sold. purchase money transaction: The acquisition of property through the payment of money or ...
- The Purchase Money Priority - Yale Law School Legal Scholarship ...
purchase money transaction the question arises whether the lien of the original mortgagee or that of the purchase money creditor has priority. Professor Gilmore ...
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Glossay of mortgage definitions when buying a home - Partial Payment to Purchase Money Transaction.
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A purchase money transaction that results in cash to the buyer at closing (other than by way of an escrow overage or a standard commission rebate) generally ...
- Deficiency Judgments and California Law
The loan is a refinance or other non-purchase money transaction;. The lienholder pursues a judicial rather than a non-judicial foreclosure; or. The borrower has ...
- Summary of the Mortgage Lending Provisions In the Dodd-Frank ...
Whether the loan is for a purchase money transaction or a refinancing iv. Whether the loan is conforming or non-conforming] b. No person other than the ...
- Recent Decision by Arizona Court of Appeals Impacts Anti ...
Apr 24, 2012 ... The last issue that Helvitica addressedis what happens when a purchase money transaction includes non-purchase money loan funds.