Real Estate Attorney – Located in San Antonio Texas
JD GARZA
JD GARZA
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Victor is a mover & shaker in the Real Estate Investment business...I recommend him anytime.
Dan Diaz
Dan Diaz
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Excellent atty. Highly recommendable. Quick & knowledgable.
Larry Offutt
Larry Offutt
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I have used the firm in both purchasing & sell transactions. each time was a pleasure.

Warranty Deed With Vendors Lien

A warranty deed is an agreement of ownership of a property. It is a guarantee the property is free and clear in title. A warranty deed with a vendor’s lien is a warranty deed with an encumbrance on the property (lien). This is a security for an unpaid debt of ownership. It is a form of security to the original owner. It is a type of assurance that the debt will be paid, or the lender can take legal action to claim rights to the property.

Once the lien is paid; there is a release of the lien, and the warranty deed is still intact.

It is a two-part process, a warranty deed and the vendor’s lien.

Price: $300 (Click to setup an appointment)

In this video:

  • How to you set up a for sale by owner? 
  • What is the recourse for not paying the lien? 

Table of Contents

What is a Warranty Deed With Vendors Lien

gr&mother & gr&childA warranty deed can be used for any real property. It includes the property’s location, lot and block in Texas, any structures on the land, and the owners’ rights and interests related to the property. It also includes natural parts of the land such as mineral rights, and water rights, and encumbrances to the property. 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. If the buyer does not pay, then there is recourse for the warranty deed to be revoked.

How Can You Use A Warranty Deed With Vendors Lien

home at sunsetMany times families will use warranty deeds. It is not uncommon for parents to use this type of deed to secure some income and give their child a great discount on their home. Warranty deeds are used when there is an inheritance, and four family members cannot own or share the property. The other family members can be bought out over time with this type of deed.

FAQ

Yes, when you sell your home you can structure a down payment and payoff date to your liking.

We do many different types of transactions here: Where, you can sell your home with an underlying mortgage. If you’ve fallen behind on your loan payments but aren’t underwater yet—meaning the fair market value of your home is greater than what you owe on your home loan—you can sell your house & use the profits to pay back your lender.

Deeds say, “for consideration” and have a dollar amount to make the contract valid. This procedure started in our country to show that there was something as a valid consideration in exchange for the document to take place. It is required to have validity in real estate contracts, as per law, it is a formality. One Dollar is the at-least nominal consideration, which is all that the law requires.

The easiest way to remove a vendor’s lien is to pay it off. There are some liens that can be removed because of mis-classification and because of homestead law. Contact us to see if you are liens or judgments can be removed without payment. In order to get any lien removed from the public record, after meeting the requirements of the lien, a release must be subsequently filed. Without a formal release recorded in county records, the lien can still cloud the title.

View Other Types of Deed Transactions

Maas Law Firm, Texas Real Estate Attorney

We are a San Antonio Real Estate Law firm that offers fixed fee rates for a variety of legal transaction services, including Owner Finance & Wraparound Closings, Foreclosures, Deeds & Releases, Real Estate Contracts, Title Issues & Judgments, Wills & Estates, Probate & Administration, & LLC Formations. If you need help assessing your case give our office a call. 

Victor has been doing real estate transactions as a lawyer since 2002 & as an investor himself since 2003. There are a lot of nuances with real estate & we hope that if you have any questions to contact us during regular business hours. Along with being a Real Estate Attorney, Victor is also a Real Estate Broker, making his expertise long standing & efficient. 

Michael Eronini
Michael Eronini
Read More
Victor has closed a bunch transactions for us. Very knowledgeable & efficient!
Mandy Molina
Mandy Molina
Read More
Mr. Maas is extremely professional & makes the process quick & painless. Thank you for helping me today. You're a blessing.
Alfredo Ibarra
Alfredo Ibarra
Read More
This lawyer knows his stuff & doesn’t back down from a fight!
JD GARZA
JD GARZA
Read More
Victor is a mover & shaker in the Real Estate Investment business...I recommend him anytime.
Previous
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Maas Law Firm, Texas Real Estate Attorney

We are a San Antonio Real Estate Law firm that offers fixed fee rates for a variety of legal transaction services, including Owner Finance & Wraparound Closings, Foreclosures, Deeds & Releases, Real Estate Contracts, Title Issues & Judgments, Wills & Estates, Probate & Administration, & LLC Formations. If you need help assessing your case give our office a call.  Victor has been doing real estate transactions as a lawyer since 2002 & as an investor himself since 2003. There are a lot of nuances with real estate & we hope that if you have any questions to contact us during regular business hours. Along with being a Real Estate Attorney, Victor is also a Real Estate Broker, making his expertise long standing & efficient. 
Michael Eronini
Michael Eronini
Read More
Victor has closed a bunch transactions for us. Very knowledgeable & efficient!
Mandy Molina
Mandy Molina
Read More
Mr. Maas is extremely professional & makes the process quick & painless. Thank you for helping me today. You're a blessing.
Alfredo Ibarra
Alfredo Ibarra
Read More
This lawyer knows his stuff & doesn’t back down from a fight!
JD GARZA
JD GARZA
Read More
Victor is a mover & shaker in the Real Estate Investment business...I recommend him anytime.
Previous
Next

Maas Law Firm, Texas Real Estate Attorney

We are a San Antonio Real Estate Law firm that offers fixed fee rates for a variety of legal transaction services, including Owner Finance & Wraparound Closings, Foreclosures, Deeds & Releases, Real Estate Contracts, Title Issues & Judgments, Wills & Estates, Probate & Administration, & LLC Formations. If you need help assessing your case give our office a call. 

Victor has been doing real estate transactions as a lawyer since 2002 & as an investor himself since 2003. There are a lot of nuances with real estate & we hope that if you have any questions to contact us during regular business hours. Along with being a Real Estate Attorney, Victor is also a Real Estate Broker, making his expertise long standing & efficient. 

Contact

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Directions

Located on IH-10 Between Huebner & De Zavala off Woodstone: 11815 W IH-10 #107, San Antonio, TX 78230

Directions

Located on IH-10 Between Huebner & De Zavala off Woodstone: 11815 W IH-10 #107, San Antonio, TX 78230

Contact

Fields marked with an * are required

Directions

Located on IH-10 Between Huebner & De Zavala off Woodstone: 11815 W IH-10 #107, San Antonio, TX 78230

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