Real Estate Investing Basics Types Of Real Estate Investments Real Estate vs Other Investments Benefits of Real Estate Investing Lien Definition: A legal claim against a property that must be paid off when the property is sold. A mortgage or first trust deed is considered a lien. Example:Buildin...
lien: A claim upon a part of another's property that arises because of an unpaid debt related to that property and that operates as an encumbrance on the property until the debt is satisfied.
It currently owes about $225 million to its lenders, whohold liens onall of the company’s real estate assets. 2exercise/file/place a liento ask a law court to recognize that someone owes you money and to give you the right to take their assets to pay the debt ...
The place at which the warp-threads cross on a loom. Anagrams *English contranyms--- lien English Noun (en noun) (obsolete) A tendon. (legal) A legal claim; a charge upon real or personal property for the satisfaction of some debt or duty. *...
delinquency. A property lien indicates that the creditor is seeking to foreclose on the property. If a debtor is not able to pay, the creditor has full rights to the home if a first lien has been granted allowing first priority to repossess the real estate property forresale to pay off ...
Release of Lien on New York Real Property. Upon any sale of the New York Real Property pursuant to subsection 9.6(e), the Administrative Agent shall, and is hereby authorized to, execute and deliver to the relevant Borrower, or to such person or persons as such Borrower shall reasonably des...
Schedule 3.05(c)(ii) sets forth, in all material respects, the address of all real property that is leased by the Loan Parties and their Subsidiaries as of the Closing Date in eachLandlord LienState on which Inventory included in the Borrowing Base is located with an aggregate Cost in exces...
How to File a Lien on Real Property in Florida Step 3 Request a Notice of Judgment lien from your county court or, if available, download the appropriate county forms online. Fill out the forms. Advertisement Step 4 Attach a certified copy of the judgment to the Notice of Judgment lien. ...
Mechanic's liens differ from other types of liens in several ways. Traditional liens such asmortgage liensor tax liens are typically placed on real property by lenders or government entities. Mechanic's liens are more specific to construction. ...
judgment are two common forms. The lien of a mechanic can be deposited by a contractor who performs work on a house or car. If the work is not paid for by the debtor, a mechanic`s privilege may be granted, which gives the worker rights to the property. Under the lien of a judgment...