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Time from which liens have priority - 42 Pa. Cons. Stat. § 8141Legal Research Home > Pennsylvania Statutes Sponsored Links
SUBCHAPTER C
PRIORITY OF LIENS
Sec.
8141. Time from which liens have priority.
8142. Endorsement of time.
8143. Open-end mortgages.
8144. Mortgages to secure certain advances.
Enactment. Subchapter C was added April 28, 1978, P.L.202,
No.53, effective in 60 days.
§ 8141. Time from which liens have priority.
Liens against real property shall have priority over each
other on the following basis:
(1) Purchase money mortgages, from the time they are
delivered to the mortgagee, if they are recorded within ten
days after their date; otherwise, from the time they are left
for record. A mortgage is a "purchase money mortgage" to the
extent that it is:
(i) taken by the seller of the mortgaged property to
secure the payment of all or part of the purchase price;
or
(ii) taken by a mortgagee other than the seller to
secure the repayment of money actually advanced by such
person to or on behalf of the mortgagor at the time the
mortgagor acquires title to the property and used by the
mortgagor at that time to pay all or part of the purchase
price, except that a mortgage other than to the seller of
the property shall not be a purchase money mortgage
within the meaning of this section unless expressly
stated so to be.
(2) Other mortgages and defeasible deeds in the nature
of mortgages, from the time they are left for record.
(3) Verdicts for a specific sum of money, from the time
they are recorded by the court.
(4) Adverse judgments and other orders, from the time
they are rendered.
(5) Amicable judgments, from the time the instruments on
which they are entered are left for entry.
(6) Writs which when issued and indexed by the office of
the clerk of the court of common pleas create liens against
real property, from the time they are issued.
(7) Other instruments which when entered or filed and
indexed in the office of the clerk of the court of common
pleas create liens against real property, from the time they
are left for entry or filing.
Cross References. Section 8141 is referred to in section
8143 of this title.
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Last modified: November 27, 2007 |