lien
Creditor's legal hold
A lien is a legal claim against property as security for a debt.
If you don't pay what you owe, the lienholder can seize or force the sale of the property.
A bank holds a lien on your house until you pay off the mortgage; the IRS can place a tax lien on assets.
The contractor filed a lien against the property for unpaid work.
Formal honorific or name
- deedWritten property conveyance
- landEarth's solid surface
- houseResidential building
- parcelWrapped item for shipping
estate · homestead · residence · dwelling · encumbrance · cloud · conveyance · survey
Lender seizes mortgaged property
- repossessionCreditor seizing collateral
- seizureForcible taking or convulsion
- attachmentConnection or fondness
- levyCompulsory government charge
garnishment · execution · judgment · auction · sale · notice · release · priority
Secured home loan
- loanBorrowed money repaid later
- defaultPreset standard option
- arrearsOverdue financial obligations
- delinquencyCriminal or neglectful behavior
borrower · creditor · lender · principal · interest · repayment · refinance · obligation
Binding promise given
- guaranteeFormal promise of fulfillment
- suretyBacker of obligation
- bondBinding tie or connection
- perfectedMade without flaw
unperfected · blanket · floating · first · second · junior · senior · holdback
Of an auto repairer
- taxMandatory public revenue charge
- judgmentReasoned decision-making capacity
- maritimeOf the sea
- attorney'sBelonging to legal counsel
hospital · artisan's · agricultural · statutory · consensual · voluntary · involuntary · general
title
Formal honorific or name
parcel · estate · homestead · residence · dwelling · encumbrance · cloud · conveyance · survey · plat
foreclosure
Lender seizes mortgaged property
- repossessionCreditor seizing collateral
- seizureForcible taking or convulsion
- attachmentConnection or fondness
levy · garnishment · execution · judgment · auction · sale · notice · release · priority · perfection
mortgage
Secured home loan
delinquency · borrower · creditor · lender · principal · interest · repayment · refinance · obligation · bankruptcy
pledge
Binding promise given
perfected · unperfected · blanket · floating · first · second · junior · senior · holdback
mechanic's
Of an auto repairer
attorney's · hospital · artisan's · agricultural · statutory · consensual · voluntary · involuntary · general · specific
- financial claimsinvoice, bill, debt, loan, mortgage
- legal documentscontract, affidavit, deed, will, subpoena
- legal obligationstaxes, paying taxes, fines, debt, contract signing
- mortgage termsmortgages, home loans, foreclosure, interest rates, fixed rate
- property termsdeed, title, lease, mortgage, easement
- real estate termsoffer, lease, rent, counteroffer, asking price
lienclear title
Uncontested ownership proof
free and clear · unencumbered · clean title · release · discharge
- tax lienGovernment's claim for unpaid duties
- mechanic's lienLegal hold for unpaid work
- mortgage lienCreditor's claim on real estate
- first lienHighest-priority security interest
alien, alienate, alienation, inalienable, liens, alienable, unalienable, lienholder, lienholders