This section is from the book "Real Estate Principles And Practices", by Philip A. Benson, Nelson L. North. Also available from Amazon: Real Estate Principles and Practices.
By law the deposit paid by the purchaser is a lien upon the property, but so that there may be no doubt it is customary to expressly stipulate that not only the deposit but the reasonable expense of examination of title, shall be liens upon the property. And it is only fair for the seller's protection that the contract further provide that they shall not continue liens after default by the purchaser.
 
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