Legislation

Search OpenLegislation Statutes
This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 194
Surplus proceeds of sale under purchase-money mortgages
Real Property (RPP) CHAPTER 50, ARTICLE 6
§ 194. Surplus proceeds of sale under purchase-money mortgages.
Where, in a case specified in the last section, the mortgagee, or a
person claiming under him, causes the land mortgaged to be sold, after
the death of the husband, either under a power of sale contained in the
mortgage, or by virtue of a judgment in an action to foreclose the
mortgage, and any surplus remains, after payment of the money due on the
mortgage and the costs and charges of the sale, the widow is
nevertheless entitled to the interest or income of one-third part of the
surplus for her life, as her dower.