Legal Question in Real Estate Law in California
Can I use a vendors lien on the sale of a business if I don't own the building. Only the business
Asked on 7/21/14, 8:19 pm
2 Answers from Attorneys
Bryan Whipple
Bryan R. R. Whipple, Attorney at Law
A vendor's lien attaches only to real property, for the unpaid and otherwise unsecured portion of the selling price. California does not recognize that a seller of personal property has any lien thereon after delivery of the property to the buyer. See Lencioni v. Dan (1954), 128 Cal.App.2d 105 at page 111.
Answered on 7/21/14, 9:20 pm
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