Idaho Statutes
§ 45-802 — VENDOR’S LIEN — WAIVER
Where a buyer of real property gives to the seller a written contract for payment of all or part of the price, an absolute transfer of such contract by the seller waives his lien to the extent of the sum payable under the contract, but a transfer of such contract, in trust to pay debts, and return the surplus, is not a waiver of the lien.
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Idaho § 45-802 (VENDOR’S LIEN — WAIVER) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
[(45-802) R.S., sec. 3441; reen. R.C. & C.L., sec. 3442; C.S., sec. 6409; I.C.A., sec. 44-702.]
Nearby Sections
15
§ 45-1001
WHAT MAY BE MORTGAGED§ 45-1003
ACKNOWLEDGMENT AND RECORDATION§ 45-1004
RECORDING MASTER FORMS — INCORPORATION OF PROVISIONS INTO MORTGAGES BY REFERENCE — RECORDING FEES§ 45-101
LIENS DEFINED§ 45-102
GENERAL AND SPECIAL LIENS§ 45-103
GENERAL LIEN DEFINED§ 45-104
SPECIAL LIEN DEFINED§ 45-105
SATISFACTION OF PRIOR LIEN§ 45-107
LIEN ON FUTURE INTEREST§ 45-109
LIEN TRANSFERS NO TITLE§ 45-110
CONTRACTS FOR FORFEITURE VOID