Lien 1:regarder ✦ Confirmed

: A lien is a legal right or claim recorded against a property (like a home or car) by a creditor.

: It serves as security for a debt; if the debtor fails to pay, the lienholder can often take legal action to foreclose and sell the property to recover the owed amount. 2. General Types of Liens Lien 1:Regarder

: A "choate" lien is fully enforceable and clearly identifies the lienor, the property, and the amount owed without requiring further court action. : A lien is a legal right or

: Homeowners with mortgages have a lien on their property until the debt is fully satisfied. if the debtor fails to pay