What is a Lien ??

A lien is a legal claim against a piece of property. Property subject to a lien cannot be sold or transferred with clear title unless the lien is satisfied. In some cases a lienholder can take aggressive legal action to to force a sale of the property to satsify the obligation.

More Real Estate Related Terms

- Existing Homes - Financial Services - Financing - Leisure / Recreation - Financing - Office - Industrial - Financing - Other

CLICK HERE TO RETURN TO MAIN PAGE