Is a Deed of Trust the Vendor's Lien or the Mechanic's Lien (hidden)?

Answer by  Susie (87)

A Deed of Trust secure real estate that you've purchased and can be sold to pay the balance due on the mortgage if you fall behind. A Lien is filed against a person owing money which in turn places a lien against real estate and is paid when sold.

Answer by  alek2 (17)

People are confused with both of Vendor's and Mechanic's many states liens are secret.some states like Idaho, Montana, North Dakota and South Dakota have gone so far as to adopt specific statutes designed to specifically protect that status. A tax lien is held by the state or federal government and there is no liability between all.