Purchase money

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Purchase money is a term from civil procedure law . It is only used there in connection with public auctions in the area of ​​foreclosure due to monetary claims, cf. Section 817 (3) ZPO .

In contrast to the purchase price , which specifies the cash equivalent of the purchase item agreed between the contracting parties, purchase money refers to a corresponding amount of money as a real thing or an equivalent, for example in the form of a bank-certified check .

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