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.
A lien is an encumbrance on one person's property to secure a debt the property owner owes to another person. The statement that someone's property is "tied up" describes the effect of liens on both real andPersonal Property.Lienis a French word meaning "knot or binding" that was brought...
such as a lien with a home equity loan for a home that still has a first mortgage. Second liens are lower in priority than first liens, meaning that the holder of the first lien has a right to be paid back before the second lien holder is. Second liens are sometimes referred to asju...
A mortgage is what’s known as a voluntary lien, meaning you’re consensually granting another party, usually a lender, the rights to your property. Some liens, however, are involuntary. An involuntary lien may be placed on your house if you fail to pay your taxes or repay a debt. This...
meaning that the lien is created by an action taken by the debtor, such as a borrower who obtains amortgageto buy a home and agrees that the home will serve as collateral for the loan. That's opposed to an involuntary lien, which is imposed on the debtor by, for example, a court of...
Release of Lien has the meaning, for each Project, set forth in Section 10.1(ii) of this Agreement. Sample 1 Based on 1 documents SaveCopy Release of Lien. The Borrower shall use its best efforts to obtain and deliver to the Agent, not later than thirty (30) days after the Closing Dat...
What is the meaning of a lien waiver? A lien waiver is a document that relieves the property owner from responsibility for a debt. When the conditions outlined in the document are satisfied, this form of exemption takes effect. There are several kinds of lien waivers, including partial exempti...
Twitter Google Share on Facebook Lienholder (redirected fromLien Holder) Dictionary Lienholder Thelenderon aloanwithcollateral. When one has placed collateral on a loan, the lienholder has the right to take possession of the collateral in the event ofdefault. One cannotsellthe collateral until the...
1、Based on the current laws of our country, it concludes the meaning oflienas well aslienon Marine goods.(从我国现行法律规定出发,揭示了留置权的含义并归纳出海运货物留置权的概念。) 2、The gunshot wound tolienChan's son's right temple is not believed to be life-threatening, the report said...
a如果你发现一个字在句子中似乎说不通,你就应该查字典。这是掌握意思的唯一办法。 If you discovered a character in the sentence as if said does not pass, you should look up in a dictionary.This is grasps the meaning the only means.[translate] ...