Dictionary of Real Estate Terms: vendee's lien
vendee's lien
a lien against property under a contract of sale, to secure the deposit paid by a purchaser.
Example:Moore, the vendee (buyer), gave a substantial deposit. Since Moore did not trust the seller, she secured a vendee's lien against the property. The lien provides the vendee with a claim against the property should the seller attempt to sell to another party prior to closing.
