Purchase money mortgage defined

Wis. Stat. § 708.09 — under MORTGAGES AND LAND CONTRACTS.

Wis. Stat. § 708.09

708.09 Purchase money mortgage defined. 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.