Vendor’s Lien
A lien to secure payment of thepurchase price balance, held by a real estateseller if the buyer does not pay the seller in fullat closing (unless the buyer gives the seller amortgage for the balance).
A lien to secure payment of thepurchase price balance, held by a real estateseller if the buyer does not pay the seller in fullat closing (unless the buyer gives the seller amortgage for the balance).
