Lien at Real Estate Glossary
What is it? A charge or claim that one person (lienor) has on the property of another (lienee) as security for a debt or obligation. (See general lien, involuntary lien, mechanics lien, statutory lien, tax lien, voluntary lien)Real Estate Definition Added By: Jacob
The Lien definition has been viewed 308 Time(s)!
Send To Friends!
If you'd like to send the Lien definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Lien. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Real Estate Terms:
Real Estate Term Earnest money is Money a buyer gives with an offer to purchase a property. Also called a deposit.Real Estate Term Aesthetic Zoning is Zoning for beauty. May regulate architectural styles, colors or signage. (See zoning)
Real Estate Term Devisible Contract is A contract that consists of separate agreements that are not dependent on each other. The illegality of one part will not void the balance of the contract.
Real Estate Term Privacy fence is A structure erected between two pieces of property.
Real Estate Term Multiperil Policies is Many insurance companies offer multiperil policies for apartment and commercial buildings. Such a policy offers the property manager an insurance package that includes standard types of commercial coverage, such as fire, hazard, public liability and casua