If the third party purchaser of the property mortgaged has defrayed necessary or useful expenses to preserve and improve the property, he may obtain reimbursement out of the proceeds of the auction sale of the property in preference to all others, according to the provisions of Article 203(1) and (2).
Civil Act — Article 367 (Claim of third party purchaser for reimbursement of expenses)
민법 제367조
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