vendee Definition
a buyer or purchaser, especially of property.
Using vendee: Examples
Take a moment to familiarize yourself with how "vendee" can be used in various situations through the following examples!
Example
The vendee was pleased with the purchase.
Example
The vendee agreed to the terms of the sale.
Example
The vendee is responsible for paying the closing costs.
vendee Synonyms and Antonyms
Phrases with vendee
vendee's lien
a legal claim by a buyer on the property purchased, which can be used as collateral for a loan
Example
The vendee's lien allowed him to secure a loan using the property he had just bought.
a type of financing where the seller provides the funds for the buyer to purchase the property
Example
The seller offered vendee financing to make it easier for the buyer to purchase the property.
vendee's responsibility
the obligations and duties that the buyer has after purchasing the property
Example
The vendee's responsibility includes maintaining the property and paying property taxes.
Origins of vendee
from Old French 'vendre', meaning 'to sell'
Summary: vendee in Brief
'Vendee' [vɛnˈdiː] refers to a buyer or purchaser, especially of property. It is often used in legal contexts, such as 'The vendee agreed to the terms of the sale.' 'Vendee' also appears in phrases like 'vendee's lien,' which allows the buyer to use the property as collateral, and 'vendee financing,' where the seller provides the funds for the purchase.
