Missouri Subordination of Vendor's Lien Retained by Grantor in Warranty Deed

State:
Multi-State
Control #:
US-OG-138
Format:
Word; 
Rich Text
Instant download

Description

If a person has purchased land, and the grantor in the deed reserves a vendors lien, that lien is superior to any subsequent grants by the owner of the land, including any oil and gas lease entered into at a later date. This form provides for the lien holder to subordinate a retained vendor's lien to an oi land gas lease on the lands that are the subject of the vendor's lien.
Free preview
  • Preview Subordination of Vendor's Lien Retained by Grantor in Warranty Deed
  • Preview Subordination of Vendor's Lien Retained by Grantor in Warranty Deed

How to fill out Subordination Of Vendor's Lien Retained By Grantor In Warranty Deed?

Have you been in the place where you require documents for sometimes business or person reasons just about every time? There are a lot of legitimate document templates available on the Internet, but finding types you can depend on is not effortless. US Legal Forms offers thousands of kind templates, just like the Missouri Subordination of Vendor's Lien Retained by Grantor in Warranty Deed, which can be written to fulfill federal and state needs.

In case you are presently acquainted with US Legal Forms internet site and have a merchant account, merely log in. Following that, you can obtain the Missouri Subordination of Vendor's Lien Retained by Grantor in Warranty Deed design.

If you do not come with an bank account and want to begin to use US Legal Forms, follow these steps:

  1. Get the kind you require and ensure it is for your right town/area.
  2. Use the Preview key to check the shape.
  3. See the outline to actually have selected the proper kind.
  4. In the event the kind is not what you`re looking for, take advantage of the Look for field to obtain the kind that suits you and needs.
  5. Whenever you discover the right kind, click Purchase now.
  6. Select the pricing prepare you desire, submit the specified info to create your bank account, and buy the transaction using your PayPal or Visa or Mastercard.
  7. Decide on a hassle-free document file format and obtain your duplicate.

Discover each of the document templates you might have purchased in the My Forms food selection. You may get a additional duplicate of Missouri Subordination of Vendor's Lien Retained by Grantor in Warranty Deed whenever, if necessary. Just select the needed kind to obtain or produce the document design.

Use US Legal Forms, by far the most substantial selection of legitimate varieties, in order to save time as well as prevent mistakes. The services offers professionally manufactured legitimate document templates that you can use for a range of reasons. Generate a merchant account on US Legal Forms and commence producing your way of life a little easier.

Form popularity

FAQ

Filing a Judgment Lien If the debtor sells any non-exempt real property, the creditor may be able to get all or some of the money owed from the proceeds of the sale. A judgment lien lasts for ten years.

A warranty deed with vendor's lien is one way to show a debt for the purchase of a property. If the debt goes unpaid, the recourse action for the original owner is easily proven in court. For this lien to be removed, the buyer has to pay off the lien.

A warranty deed with vendor's lien is one way to show a debt for the purchase of a property. If the debt goes unpaid, the recourse action for the original owner is easily proven in court. For this lien to be removed, the buyer has to pay off the lien.

The statutes of limitation for collecting (or foreclosing) on both the vendor's lien and deed of trust is four years in Texas. If no legal action has been filed for collection on the liens for four years after the liens ma- ture, there is indication the liens have been paid.

Release Of Lien Texas Form To show that a lien has officially been removed on a property, you have to file a document called a ?lien release? in the real property records of the county where the property is located. A release of lien simply means removing the lien claim from a specific property.

The vendor's lien is for the amount of the unpaid contract price, less any lawful deductions, and may be enforced by foreclosure sale under Section 5.066 or by judicial foreclosure. A general warranty is implied unless otherwise limited by the recorded executory contract.

Trusted and secure by over 3 million people of the world’s leading companies

Missouri Subordination of Vendor's Lien Retained by Grantor in Warranty Deed