Escrow & Title
A 'vendor's lien' in Mississippi exists to protect:
AA contractor who performed work on the property
BA seller who has conveyed property but has not yet received full payment✓ Correct
CA lender whose mortgage is in default
DA tenant who has paid a security deposit
Explanation
A vendor's lien is an equitable lien held by a seller who has conveyed property by deed but has not yet been paid the full purchase price. It provides the seller with security in the property until the purchase price is fully paid.
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