vendor's express lien

vendor's express lien
See vendor's lien.

Ballentine's law dictionary. . 1998.

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  • vendor's lien — The implied lien of a vendor of real estate, who has conveyed the legal title, as security for the unpaid purchase money. 55 Am J1st V & P § 462. The express lien of a vendor of real estate under a provision of the contract that he is to retain… …   Ballentine's law dictionary

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  • Vendor's lien — Vend or s lien (Law) An implied lien (that is, one not created by mortgage or other express agreement) given in equity to a vendor of lands for the unpaid purchase money. [Webster 1913 Suppl.] …   The Collaborative International Dictionary of English

  • vendor's lien — A creature of equity, being a lien impliedly belonging to a vendor for the unpaid purchase price of land, where he has not taken any other lien or security beyond the personal obligation of the purchaser. An equitable security which arises from… …   Black's law dictionary

  • implied lien — A lien which may be created in the absence of an express contract, based upon the fundamental maxims of equity and which may be implied and declared by a court of equity out of general considerations of right and justice as applied to the… …   Ballentine's law dictionary

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