Delaware Statutes
§ 1130 — Valuation of purchase money mortgages
Delaware § 1130
This text of Delaware § 1130 (Valuation of purchase money mortgages) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Del. Code tit. 18, § 1130 (2026).
Text
Purchase money mortgages on real property referred to in § 1129(a) of this title shall be valued in an amount not exceeding the acquisition cost of the real property covered thereby or 90% of the fair value of such real property, whichever is less.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
18 Del. C. 1953, § 1117; 56 Del. Laws, c. 380, § 1 ; 80 Del. Laws, c. 117, § 2
Nearby Sections
15
§ 1101
“Assets” defined§ 1102
Assets not allowed§ 1103
Liabilities, in general§ 1106
Unearned premium reserve§ 1109
Title insurance reserves§ 1111
Title and definitions§ 1112
Reserve valuationCite This Page — Counsel Stack
Bluebook (online)
Delaware § 1130, Counsel Stack Legal Research, https://law.counselstack.com/statute/de/18/1130.