Minnesota Warranty Deed With Vendor's Lien

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                             This Warranty Deed is used when a seller of real property located in Minnesota conveys
                             ownership of the property to a buyer and warrants title, but reserves a lien in favor of the
                             seller until the purchase price is paid off. This warranty deed effectively transfers the
                             property to the buyer, but gives the seller the right to take the property back if he or she is
                             not paid in full. In this warranty deed the seller promises to defend the buyer from all
                             adverse claims relating to the property, but states that the vendor lien is retained against
                             the property until it is paid off. This document should be used in a real estate transaction
                             where the seller warrants the property, but retains a vendor's lien to ensure full payment.
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                        WARRANTY DEED WITH VENDOR’S LIEN



This Warranty Deed With Vendor’s Lien ("Deed") is made and effective this ______ [Month]
____[ Date], 20___, by and between ____________________ [Instruction: Insert the name of
Grantor], having principle place of residence at __________________________________
[Instruction: Insert the address of Grantor] (hereinafter referred to as "Grantor") and between
____________________ [Instruction: Insert the name of Grantee], having principle place of
residence at __________________________________ [Instruction: Insert the address of
Grantee] (hereinafter referred to as "Grantee").


AND, for and in consideration of the sum of ________ ($___) [Ten dollars only ($10)]
[Instruction: Insert the consideration amount, for E.g. Ten Dollars ($10)] , and other
valuable consideration to the undersigned in hand paid by the Grantee herein named, the receipt
of which is hereby acknowledged, the payment of which note is secured by the vendor’s lien
herein retained, has granted, sold and conveyed, and by these presents does grant, sell and
convey Grantee, all of Grantor’s right, title and interest in and to the real property described as
follows:


[Instructions: Insert legal description of the property E.g. - Residential or Commercial]
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
[Instructions: Insert street address of property]
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________




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To have and to hold, together with all and singular, the rights and appurtenances thereto and
anywhere belonging forever.


Grantor does hereby bind [himself or herself] and [his or her] heirs, executors, administrators and
assigns to warrant and forever def
				
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Description: This Warranty Deed is used when a seller of real property located in Minnesota conveys ownership of the property to a buyer and warrants title, but reserves a lien in favor of the seller until the purchase price is paid off. This warranty deed effectively transfers the property to the buyer, but gives the seller the right to take the property back if he or she is not paid in full. In this warranty deed the seller promises to defend the buyer from all adverse claims relating to the property, but states that the vendor lien is retained against the property until it is paid off. This document should be used in a real estate transaction where the seller warrants the property, but retains a vendor's lien to ensure full payment.
This document is also part of a package Essential Minnesota Legal Documents 144 Documents Included