Civil Code - CIV
DIVISION 3. OBLIGATIONS [1427 - 3273.69]
( Heading of Division 3 amended by Stats. 1988, Ch. 160, Sec. 14. ) PART 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS [1738 - 3273.69]
( Part 4 enacted 1872. ) TITLE 14. LIEN [2872 - 3081]
( Title 14 enacted 1872. ) CHAPTER 1. Liens in General [2872 - 2914]
( Chapter 1 enacted 1872. ) ARTICLE 4. Priority of Liens [2897 - 2899]
( Article 4 enacted 1872. ) 2898.
(a) A mortgage or deed of trust given for the price of real property, at the time of its conveyance, has priority over all other liens created against the purchaser, subject to the operation of the recording laws.
(b) The priority of the lien of a mortgage or deed of trust on an estate for years in real property shall be determined in the same manner as for determining the priority of a lien of a mortgage or deed of trust on real property.
(Amended by Stats. 1989, Ch. 698, Sec. 3.)