What occurs when a judgment lien attaches to a vendor's legal title?

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Study for the Real Estate Transactions Exam. Utilize flashcards and multiple choice questions, each with hints and explanations. Prepare to excel in your exam!

When a judgment lien attaches to a vendor's legal title, it means that a court has granted a creditor the right to make claims against the property of the vendor to satisfy a debt. The main effect of this is that the judgment creditor can execute the judgment on the vendor's interest in the property.

In practical terms, if the vendor fails to satisfy the judgment or debt, the creditor may pursue the property through a foreclosure process or other legal means to recover the owed amount. This emphasizes the creditor's ability to leverage the lien as collateral for the debt, thereby solidifying their legal claim to the vendor's interest in the property.

The other options do not accurately reflect the implications of a judgment lien. For instance, while the presence of a lien may complicate the sale of the property, it does not prohibit sale outright, and the vendor does not gain more rights; in fact, their rights may be limited due to the lien. Similarly, the requirement of immediate payment by the buyer is not a direct consequence of the judgment lien but rather pertains to the terms of sale, which are separate from the implications of a lien on the vendor's title.

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