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State Statutes - Idaho - Title 6 - Chapter 5 - 6-520
Idaho Statutes
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6-520 - APPLICATION OF PROCEEDS OF SALE OF ENCUMBERED PROPERTY
The
proceeds of the sale of encumbered property must be applied under the
direction of the court as follows:
1. To pay its just proportion of the general costs of the action.
2. To pay the costs of the reference.
3. To satisfy and cancel of record the several liens in their order of
priority, by payment of the sums due and to become due; the amount due to be
verified by affidavit at the time of payment.
4. The residue among the owners of the property sold, according to their
respective shares therein.
 
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