Every transfer of an interest in property other than in trust to secure the performance of any obligation of the trustor or other person named in the trust instrument, made only as a security for the performance of another act, is to be deemed a mortgage.
Idaho Code § 45-904
Transfers deemed mortgages
Applied in 1 court decision — leading case In Re Wiebe (2006)
Most recently applied in In Re Wiebe (October 2006)
R.S., § 3353; reen
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.