noun howÂ·itÂ·zer \ËhauÌ-Ét-sÉr\. : a large gun that is used to fire shells high into the air for a short distance.
As with residential transactions, commercial real estate transactions will. include a typical quitclaim deed, non-foreign affidavit and title affidavit. However, there will be several other documents included in the transfer package. Unless the commercial property consists of raw land, there will be an.
A vendorâs lien is typically, if not always, granted by the conveyance document. In the event the purchaser of the real estate is obtaining purchase money. financing from a third party lender, the third party lender may require the. conveyance document to include a vendorâs lien granted by the purchaser. to the seller and expressly assigned by the seller to the third party lender in.