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In law, a lien is a form of security interest granted over an item of property to secure the payment of a debt or performance of some other obligation. The owner of the property, who grants the lien, is referred to as the lienor and the person who has the benefit of the lien is referred to as the lienee.

The etymological root is Anglo-French lien, loyen bond, restraint, from Latin ligamen, from ligare to bind.

In the United States, the term lien generally refers to a wide range of encumbrances and would include other forms of mortgage or charge. In the U.S., a lien characteristically refers to non-possessory security interests (see generally Security interest - categories).

In other common law countries, the term lien refers to a very specific type of security interest, being a passive right to retain (but not sell) property until the debt or other obligation is discharged. In contrast to the usage of the term in the U.S., in other countries it refers to a purely possessory form of security interest; indeed, when possession of the property is lost, the lien is released.[1] However, common law countries also recognize a slightly anomalous form of security interest called an "equitable lien" which arises in certain rare instances.

Lien Subcategories

Lien Articles

Baby Boomers Create Passive Income
by Gordon Bengston
Jan 03, 2009
A hail to various creative thinking that made possible the way towards increased wealth to almost anyone even to the emergent figure of baby boomers by creating passive income so that they may have something to boast with their retreat portfolio. ...

Why Do Your Clients Hire You?
by Lori Smith
Dec 25, 2008
Why do builders or home owners hire you instead of your competition?

Did you answer that with a claim of “better quality”? Try again.

All contractors think their work is of superior quality. I’ve got a secret to tell you. Are you list...

Holiday Management
by Jan Bolick
Dec 10, 2008
As if there aren’t already enough distractions…

Hanukkah started last night and continues through December 12. Eid al-Adha begins at sunset on December 19 and continues through December 20. Christmas Day is on December 25. Kwanzaa begins...

Top 10: New Exotic Pets
by John Samuelson
Dec 05, 2008
Warning: The attached videos/images do not show up properly and the original url (Top 10: New Exotic Pets - http://www.mindruin.com/videos/top-10-exotic-pet-choices-for-the-future/) may need to be visited for perfect viewing.

Next time you st...

How to Build Trust with Clients
by Mike Andruff
Nov 30, 2008

Trust is an important component of any business relationship, but is particularly vital to have between client and realtor. As a real estate agent, you're handling a substantial portion of a person's financial portfolio in addition to helping ...

Fire Resilient Gardening
by Leo Nov
Feb 28, 2008
Many homeowners, when considering landscaping and gardening, are more concentrated on having a landscape that is pleasing to the eye, is a complement to their house, and has variations of color, foliage, and flowers.

There is another importan...

Coastal Investment Realty Corporation is a highly respected real estate firm that puts their client
by erin phillips
Feb 25, 2008
“Win Big with Foreclosures” February 15, 2008

If you think you’d enjoy living in Florida, or just see the wisdom of owning Florida real estate as an investment, it might be worth your while to investigate the Florida foreclosures market. Fore...

Business Moving Announcements to Keep in Touch with Your Clients, Customers & Associates
by Sarah Porter
Feb 11, 2008
A business usually has a fixed location that the people are aware of where the business is located. But business moves and changes of address are bound to occur in many cases. In such cases, business moving announcements or Moving Announcements for B...

Foreclosures and Short Sales
by Bryan Benson
Dec 14, 2007
Attempting to do a short sale may be a challenge when there a foreclosures on homes with multiple mortgages. For example, there may be a situation where the foreclosing lender with the highest amount due is in the second place, and the second lien h...

Understanding Foreclosure
by Mark Jones
Dec 03, 2007
New Page 1

The recent collapses in the mortgage industry have left a large number of
consumers scratching their heads in an effort...

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