Docstoc

Pennsylvania Warranty Deed With Vendor's Lien

Document Sample
Pennsylvania Warranty Deed With Vendor's Lien Powered By Docstoc
					                                                          Warranty Deed with
                                                          Vendor’s Lien


                          This Warranty Deed with Vendor’s Lien is intended to be used when an Individual fully
ocstoc Legal Agreements




                          warrants clear title to the property, free from any encumbrances, but the Deed is secured by
                          the vendor’s lien to take the property back if payment is not made in full.




                           ALL INFORMATION AND FORMS ARE PROVIDED “AS IS” WITHOUT ANY EXPRESS OR IMPLIED
                           WARRANTY, INCLUDING AS TO LEGAL EFFECT OR COMPLETENESS. They are for guidance and should be
                           modified by you or your attorney to meet your specific needs and the laws of your state. Use at your own
                           risk. Docstoc, its employees or contractors who wrote or modified any form, are NOT providing legal or any other
            ®




                           kind of advice and are not creating or entering into an Attorney-Client relationship. The information and forms
                           are not a substitute for the advice of your own attorney. Subject to our Terms of Service
                           (http://www.docstoc.com/popterm.aspx?page_id=15). See back cover page and read more here
                           (http://www.docstoc.com/popterm.aspx?page_id=114) for additional disclaimers and more. This document is
                           not approved, endorsed by, or affiliated with any State, or governmental or licensing entity.
                           Entire document © Docstoc, Inc., 2010, 2011
                          © Copyright 2011 Docstoc Inc. registered document proprietary, copy not                              1
                                                                                              Attorney Drafted
                        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 principal place of residence at __________________________________
[Instruction: Insert the address of Grantor] (hereinafter referred to as “Grantor”) and
____________________ [Instruction: Insert the name of Grantee], having principal 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 ($10)] [Instruction:
Insert the consideration amount, e.g., ten dollars ($10)], and other valuable consideration to
the undersigned in hand paid by 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]

______________________________________________________________________________
______________________________________________________________________________
________________________
				
DOCUMENT INFO
Shared By:
Tags:
Stats:
views:44
posted:12/8/2011
language:Unknown
pages:5
Description: This Warranty Deed is used when a seller of real property located in Pennsylvania 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 Pennsylvania Legal Documents 86 Documents Included