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Vendor's Lien

The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

The Cyclopedic Law Dictionary

An equitable lien or implied agreement in favor of the vendor of land sold for the purchase money, 175 111. 441, where the deed expresses, contrary to the fact, that the purchase money is paid. Unless waived, the lien remains till the whole purchase money is paid.

16 Ves. 329; 4 Russ. 336; 1 W. Bl. 123; 2 P. Wms. 291; 1 Jac. & W. 234; 1 Vern. 267,