Lien - Wikipedia
网页A lien (/ ˈliːn / or / ˈliːən /) [Note 1] is a form of security interest granted over an item of property to secure the payment of a debt or performance of some other obligation. The owner of the property, who grants the lien, is referred to as the lienee[3] and the person who has the benefit of the lien is referred to as the lienor[4] or ...
Lien: Definition, Major Types, and Examples - Investopedia
网页2024年8月8日 · What Is a Lien? A lien is a claim or legal right to a debtor's property or other assets, typically assets that were used as collateral to back a loan. It serves to guarantee that the underlying...
Liens: What They Are And How They Work – Forbes Advisor
网页2023年6月6日 · Liens are legal tools that protect the interests of creditors and ensure that property owners pay valid debts. Learn how liens work and how to remove one.
What Is a Lien on Your Property - Nolo
网页2024年2月5日 · A lien on your house, mobile home, car, or other property makes your title unclear. To clear up the title, you must pay off the lien. So, creditors know that putting a lien on property is a cheap and almost guaranteed way of getting what they're owed—sooner or later. Get debt relief now.
Lien Definition & Meaning - Merriam-Webster
网页The meaning of LIEN is a charge upon real or personal property for the satisfaction of some debt or duty ordinarily arising by operation of law. How to use lien in a sentence.
Lien vs. Encumbrance: What's the Difference? - Investopedia
网页2023年7月30日 · A lien represents a monetary claim levied against property to secure payment—the settlement of an obligation from the property owner. An encumbrance is a much broader term, referring to any sort...
What is a lien? - LegalZoom
网页2023年4月5日 · A lien is a legal way to secure the payment of a debt. It gives the creditor certain rights over the property of the debtor until the debt is paid. Some liens allow the property owner to retain possession, but restrict their ability to use the property.
lien | Wex | US Law | LII / Legal Information Institute
网页A lien is a security interest or legal right acquired in one's property by a creditor, or lienholder. A lien usually prevents sale of the property until the underlying obligation to the creditor is satisfied.
What Is a Lien, and How Does It Work? - SmartAsset
网页A lien is a way of guaranteeing payment of or collecting on a debt by asserting a legal right to that portion of the debtor’s assets that are equal to the unpaid balance of the loan. Filing a lien is a legal claim, typically used on loans for a high-value asset such as …
Judgment Lien: Definition, Examples, Vs. Property Lien - Investopedia
网页2024年4月11日 · A judgment lien is a court ruling that gives a creditor the right to take possession of a debtor's property if the debtor fails to fulfill their contractual obligations. Judgment liens are...