Define warranty deed with vendor's lien
WebCite. Special Warranty Deed With Vendor''s Lien dated January 6, 2006 from Everest Exploration, Inc. to South Texas Mining Venture, L.L.P. conveying an undivided 99% interest in and to the Xxxxxx Plant Site, the WDW-168 Deep Waste Disposal Well Site, and an undivided one- half interests in and to the Swap Tract Undeveloped Land. Sample 1. WebBut it is expressly agreed: (1) that the Vendor’s Lien, as well as Superior Title in and to the above described premises, is retained against the above described property, premises …
Define warranty deed with vendor's lien
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WebJan 14, 2024 · When a general warranty deed is given, the grantor promises that 1) the grantor will defend and protect the grantee against the rightful claims of third parties to … WebFeb 13, 2024 · A warranty deed is a legal document used when a piece of real estate is sold and the ownership is transferred from the grantor (seller) to the grantee (buyer). The form usually includes a description of the property and discloses all known encumbrances like easements, outstanding liens or judgments. When using a warranty deed, the …
WebMay 18, 2024 · The Real Estate Lien Note is typically used in conjunction with a Deed of Trust and Warranty Deed with a Vendor’s Lien. The three documents comprise a standard package for a typical financed sale of real estate in Texas. Given the complexities, penalties, and legal implications of a Real Estate Lien Note, hiring a qualified real estate lawyer ... WebJul 15, 2024 · improper signature. undisclosed lien. boundary dispute. 5. Bargain and Sale Deed. This type of real estate deed is appropriate in the sale or transfer of residential real estate; however, it offers no guarantee that the property is free of debts or liens. It only states that the grantor is the title-holder.
WebSec. 5.079. TITLE TRANSFER. (a) A recorded executory contract shall be the same as a deed with a vendor's lien. The vendor's lien is for the amount of the unpaid contract price, less any lawful deductions, and may be enforced by foreclosure sale under Section 5.066 or by judicial foreclosure. A general warranty is implied unless otherwise ...
WebFeb 13, 2024 · A warranty deed is a legal document used when a piece of real estate is sold and the ownership is transferred from the grantor (seller) to the grantee (buyer). The …
WebAug 25, 2024 · Warranty Deed: Definition, Types, and How It's Used. A warranty deed is a real estate document that ensures that the property has a clear title and the seller has no outstanding liens or mortgages ... the secret life of pets 2 youtubeWebA warranty deed is a document used in real estate to certify that a property is owned free and clear. This means that the owner is rightfully clear of any liens, mortgages, or any other types of claims. In other words, a warranty deed form is used to prove ownership. Warranty deeds come into play during a real estate transaction. the secret life of pets derickWebAug 17, 2024 · A warranty deed is a legal real estate document and protects the buyer against future claims to the title of the property. Most lenders require a warranty deed for properties they finance. train from long branch nj to penn station nyWebFeb 1, 2024 · A special warranty deed is a particular kind of deed for real estate that make guarantees about the title only during a certain period of time. Special warranty deeds can leave a buyer open to other, older title claims. A special warranty deed is a legal document that transfers ownership of real property from one person to another. train from long island to newark airportWebJan 28, 2024 · The Warranty Deed gives the seller (the vendor) a lien over the property under a promissory note signed by the buyer and held by the vendor. The vendor can assign the vendor's lien to a mortgage lender … train from long island to buffalo nyWebFeb 10, 2000 · warranty deed: [noun] a deed warranting that the grantor has a good title free and clear of all liens and encumbrances and will defend the grantee against all claims. train from longview tx to dallas txWebOnly the warranty deed with the vendor's lien, neither one of us knows what to do next since I paid off the loan. Lawyer's Assistant: Anything else you want the lawyer to know before I connect you? Not sure. Submitted: 5 years ago. Category: Real Estate Law. Show More. Show Less. train from lucca to barga