Escrow & Title
In Louisiana, a 'vendor's lien' or 'seller's lien' is:
AA lien placed on the property by the buyer's contractor
BAn implied lien retained by the seller until the full purchase price is paid✓ Correct
CA lien recorded by the MLS for unpaid dues
DA government tax lien for unpaid property taxes
Explanation
A vendor's (seller's) lien is an implied lien that the seller retains on the property until the full purchase price has been paid, providing the seller with security for the unpaid balance.
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