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.
The equitable lien of the grantor on the land conveyed, in the amount of the unpaid purchase price. Unlike a mortgage, it is not an absolute interest in the property, but is only an equitable right to rely on in case all of the purchase money is not paid.
An unpaid seller's right to a lien on property until the purchase price is recovered.
An unpaid sellers right to hold possession until he has recovered the purchase price.
A lien securing the loan by a seller that is used to purchase the property.
The right of a seller who has not yet been paid to take back possession of sold property until its purchase price has been received from the buyer.... read full article
An implied lien given by law to a vendor for the remaining unpaid and unsecured part of a purchase price.
A lien either express or implied given to a vendor for the remaining unpaid and unsecured part of a purchase price.
The seller's claim to property held by a buyer as collateral for a debt, also called a purchase money mortgage.
