Vendor
Dictionary of Terms and Phrases Used in American or English Jurisprudence · Benjamin Vaughan Abbott · 1879
Dictionary of Terms and Phrases Used in American or English Jurisprudence
The party to whom a sale is made. It is, however, convenient, and the tendency of usage is, to employ "vendor" when a sale of real property is in view, and " seller " when the sale is of chattel property. The cases have established a distinction between the vendor and grantor. He is the vendor who negotiates the sale, and becomes the recipient of the consideration, though the title comes to the vendee from another source, and not from the vendor.
Rutland V. Brister, 53 Miss. 683.
Vendor's lien
A familiar doctrine of equity jurisprudence accords to a seller of land who parts with the title without having received payment of the price (in full) a lien upon the land for the purchase-money unpaid. The fact that the deed contains a receipt for the purchase-money does not defeat such lien. The lien is good against the purchaser himself, against his heirs, against any person claiming by a voluntary conveybuys with notice of the lien, and generally against all persons except a purchaser for value and without notice. Such a purchase overrides the lien.