Vendor's Lien

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August 25, 2024 3 min read Definitions
Vendor's Lien: Understanding Collateral in Property Sales
Real Estate Finance Vendor's Lien Real Estate Transactions Collateral Promissory Note Security Interests
Vendor's lien refers to the collateral granted to the seller of property as security for a promissory note taken by the seller as part of the selling price. This entry explores the concept, types, and importance of vendor's liens in real estate transactions.
Read more about Vendor's Lien: Understanding Collateral in Property Sales.

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