What is a warranty deed with a vendor's lien?

This Warranty Deed with Vendor's Lien contains a general warranty of title, does not include a reservation of the grantor's oil, gas and other minerals, and includes a vendor's lien which reserves superior title to the property until the note evidencing the purchase price is paid in full.

How do you fill out a warranty deed in Texas?

Write the county where the property is located on line provided next to the words "County of" beneath the words "The State of Texas." Write the name and address of the grantor on the lines provided after the words "Know all men by these presents, That I."

What is a vendor's lien with warranty deed in Texas?

A vendor's lien is a lien in favor of the "vendor" or the seller of real estate. When a warranty deed contains a vendor's lien, the buyer agrees to allow the seller to seize the property until the property is paid for in full.

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Texas General Warranty Deed with Vendors Lien

Texas Warranty Form Blank

Name: Texas General Warranty Deed with Vendors Lien
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.66 (485 reviews)

Category:

Texas Real Estate - Deeds - Warranty

State:

Texas

Control #:

TX-079-78

Format:

Instant download

$59.00

In stock

Description Texas General Warranty Pdf

This form is a General Warranty Deed with Vendor's Lien where the grantor is an individual and the grantees are two individuals. Grantor conveys and generally warrants the described property to the Grantees. This deed complies with all state statutory laws.

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How to fill out General Warranty Form?

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Texas General Warranty Deed Other Form Names

Cash Warranty Deed Texas General Warranty Form General Warranty Individual Warranty Deed Form Warranty Lien Agreement General Vendors Lien Tx General Deed

General Warranty Deed Download FAQ

A vendor's lien is the right of a seller to repossess the property sold until the buyer makes all payments for the full purchase price. The property is the collateral given as security to the seller for the purchase price. It is sometimes used in connection with a purchase money mortgage on real estate.

A warranty deed guarantees that: The grantor is the rightful owner of the property and has the legal right to transfer the title.The title would withstand third-party claims to ownership of the property. The grantor will do anything to ensure the grantee's title to the property.

This Warranty Deed with Vendor's Lien contains a general warranty of title, does not include a reservation of the grantor's oil, gas and other minerals, and includes a vendor's lien which reserves superior title to the property until the note evidencing the purchase price is paid in full.

Write the county where the property is located on line provided next to the words "County of" beneath the words "The State of Texas." Write the name and address of the grantor on the lines provided after the words "Know all men by these presents, That I."

When a warranty deed contains a vendor's lien, the buyer agrees to allow the seller to seize the property until the property is paid for in full.So, if a warranty deed includes a vendor's lien, it means the seller keeps the right to take possession of the property until the buyer finishes making payments.

The Texas warranty deed is a form of deed that provides an unlimited warranty of title. It makes an absolute guarantee that the current owner has good title to the property.When a buyer is purchasing residential property from a seller for full value; When the buyer does not intend to purchase title insurance; or.

A lien does not convey ownership, with one exception A lienor generally has an equitable interest in the property, but not legal ownership.

A vendor's lien is a lien in favor of the "vendor" or the seller of real estate. When a warranty deed contains a vendor's lien, the buyer agrees to allow the seller to seize the property until the property is paid for in full.

Texas Warranty Form Blank

Description Texas General Warranty Pdf

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Warranty Deed Texas Form Rating

Warranty Deed With Vendor's Lien Form popularity

Texas General Warranty Deed Other Form Names

General Warranty Deed Download FAQ

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How do you fill out a warranty deed in Texas?

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