Maryland Subordination of Vendor's Lien Retained by Grantor in Warranty Deed

State:
Multi-State
Control #:
US-OG-138
Format:
Word; 
Rich Text
Instant download

Description

If a person has purchased land, and the grantor in the deed reserves a vendors lien, that lien is superior to any subsequent grants by the owner of the land, including any oil and gas lease entered into at a later date. This form provides for the lien holder to subordinate a retained vendor's lien to an oi land gas lease on the lands that are the subject of the vendor's lien.
Free preview
  • Preview Subordination of Vendor's Lien Retained by Grantor in Warranty Deed
  • Preview Subordination of Vendor's Lien Retained by Grantor in Warranty Deed

How to fill out Subordination Of Vendor's Lien Retained By Grantor In Warranty Deed?

If you wish to comprehensive, download, or print authorized record layouts, use US Legal Forms, the greatest assortment of authorized kinds, which can be found on-line. Make use of the site`s simple and easy convenient research to find the documents you will need. Numerous layouts for company and personal functions are categorized by classes and claims, or key phrases. Use US Legal Forms to find the Maryland Subordination of Vendor's Lien Retained by Grantor in Warranty Deed in just a couple of click throughs.

If you are previously a US Legal Forms buyer, log in to your profile and click on the Acquire option to have the Maryland Subordination of Vendor's Lien Retained by Grantor in Warranty Deed. You can even gain access to kinds you previously downloaded from the My Forms tab of your own profile.

Should you use US Legal Forms for the first time, refer to the instructions below:

  • Step 1. Be sure you have chosen the shape for the right city/land.
  • Step 2. Take advantage of the Review method to look through the form`s content. Don`t forget to learn the description.
  • Step 3. If you are not satisfied using the kind, take advantage of the Look for discipline on top of the display screen to find other models of your authorized kind format.
  • Step 4. Upon having located the shape you will need, select the Get now option. Pick the prices prepare you prefer and add your references to sign up for an profile.
  • Step 5. Procedure the purchase. You can use your Мisa or Ьastercard or PayPal profile to complete the purchase.
  • Step 6. Pick the file format of your authorized kind and download it on the system.
  • Step 7. Total, edit and print or indicator the Maryland Subordination of Vendor's Lien Retained by Grantor in Warranty Deed.

Every authorized record format you purchase is yours eternally. You possess acces to every kind you downloaded within your acccount. Select the My Forms portion and pick a kind to print or download yet again.

Compete and download, and print the Maryland Subordination of Vendor's Lien Retained by Grantor in Warranty Deed with US Legal Forms. There are millions of skilled and condition-particular kinds you can use to your company or personal demands.

Form popularity

FAQ

To start, a ?Deed? is the name of the most common document used to transfer title of real estate. And the most common deeds are the General Warranty Deed and the Special Warranty Deed. The primary difference between these two deeds is the extent of the ?warranties? the seller is giving to the buyer.

Release Of Lien Texas Form To show that a lien has officially been removed on a property, you have to file a document called a ?lien release? in the real property records of the county where the property is located. A release of lien simply means removing the lien claim from a specific property.

In Texas when a vendor sells property and there is unpaid purchase price, a vendor's lien arises against the property to secure the payment of the unpaid purchase price. An express ven- dor's lien can be reserved in the deed and/or in the real estate lien note.

A warranty deed with vendor's lien is one way to show a debt for the purchase of a property. If the debt goes unpaid, the recourse action for the original owner is easily proven in court. For this lien to be removed, the buyer has to pay off the lien.

A release of lien for a deed of trust securing a loan on commercial real property in Texas. Lenders in Texas customarily use a release of lien when the loan secured by a deed of trust has been paid in full or otherwise satisfied.

Trusted and secure by over 3 million people of the world’s leading companies

Maryland Subordination of Vendor's Lien Retained by Grantor in Warranty Deed