Arizona Revised Statutes § 33-705 Purchase Money Mortgage Or Deed Of Trust; Priority

33-705. Purchase money mortgage or deed of trust; priority

A mortgage or deed of trust that is given as security for a loan made to purchase the real property that is encumbered by the mortgage or deed of trust has priority over all other liens and encumbrances that are incurred against the purchaser before acquiring title to the real property.

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Last modified: October 13, 2016