Purchase money mortgage defined

Wis. Stat. § 708.09
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
A purchase money mortgage is one given as part of the transaction of purchase to the vendor of real estate for all or part of the purchase money or to a 3rd person who advances all or a part of the purchase money.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/708.09Fetched: 10/7/2026
Wis. Stat. § 708.09 — Purchase money mortgage defined | Wisconsin Statutes (updated through 2025 Wis. Act 247) | Corpus