What Is a Warranty Deed With Vendors Lien?

There are different types of deeds, the most common being a warranty deed. A variety of encumbrances can be placed on a warranty deed, including a vendor's lien. Fully understanding real estate transactions requires an understanding of a warranty deed with a vendor's lien.

Warranty deed with vendors lien.

Warranty Deed

A warranty deed is used to convey an interest in real estate. When a warranty deed is issued, the presumption is that there are no unknown encumbrances on the property.

Read More: How to Reverse a Warranty Deed

Vendor's Lien

A vendor's lien is placed on title to real estate by a person or company that has performed work on the real estate and no payment has been made.

Placing a Vendor's Lien

A vendor's lien is placed on real estate by filing a standard form with the register of deeds office in the county in which the property is located.

Removing a Vendor's Lien

A person or entity owed money for work done on the property will remove the vendor's lien once payment is made.

Title Search

When a piece of real estate is being sold a title search is undertaken to determine what liens---including vendor's lien---are placed on the property.

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