Pennsylvania Warranty Deed With Vendor's Lien

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					                                                          Warranty Deed with
                                                          Vendor’s Lien

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

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                                                                                              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]

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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