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The first is the well known deed of trust securing the buyer's promissory note (sometimes referred to as the real state lien note). The second is the lesser known vendor's lien retained by the seller in the deed. A vendor's lien is a charge imposed by law to secure the payment of the purchase price for real property.

An unpaid seller's lien gives the supplier a charge against the goods he supplied. This means that the supplier has certain legal rights against the things he delivered to the site, be it a single box of bolts or a massive pressure vessel.

The most common type of deed used in Texas is a general warranty deed. This type of deed guarantees the title comes without any liens, easements, or other title problems. A general warranty deed also assures the buyer that there will be no issues with the title.

The first is the well known deed of trust securing the buyer's promissory note (sometimes referred to as the real state lien note). The second is the lesser known vendor's lien retained by the seller in the deed. A vendor's lien is a charge imposed by law to secure the payment of the purchase price for real property.

general Warranty Deed prepared for $195 Do you have questions about a General Warranty Deed?

A Warranty Deed With Vendor's Lien contains the Seller's guarantees of a warranty deed but with a lien. This deed is part of a seller finance package of documents. It is a transfer of real estate property where a lien for the unpaid purchase price in favor of the Seller is retained.

A special warranty deed is more limited than a general warranty deed, and it only warrants that title is free and clear from other claims during the time period of the grantor's ownership. It does not offer any protection for claims arising prior to the grantor's ownership.

Although the deed describes above conveys “a fee simple estate in real property with a covenant of general warranty,” section (b) of the statute says that a “covenant of warranty is not required in a conveyance.” This means that other forms of deeds—like special warranty deeds or quitclaim deeds or deeds without ...

No, a warranty deed does not prove ownership. A title search is the best way to prove that a grantor rightfully owns a property. The warranty deed is a legal document that offers the buyer protection. In other words, the property title and warranty deed work in tandem together.

A Warranty Deed With Vendor's Lien contains the Seller's guarantees of a warranty deed but with a lien. This deed is part of a seller finance package of documents. It is a transfer of real estate property where a lien for the unpaid purchase price in favor of the Seller is retained.