Contracts
In Louisiana, the 'vendor's privilege' gives the seller a special lien on the property for:
AUnpaid homeowner association dues
BThe unpaid balance of the purchase price when seller financing is used (Credit Sale)✓ Correct
CThe seller's property tax obligations
DThe seller's real estate commission
Explanation
The vendor's privilege is a special priority lien granted to the seller in a Louisiana Credit Sale for the unpaid purchase price — giving the seller superior security against subsequent creditors for the amount still owed.
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