Monday to Friday: 9am - 5pm PT
A lien is a type of security interest in real estate that gives the lien holder a right to repayment of a debt or performance of some other obligation. It is considered a "nonpossessory" interest in real estate in that the lien holder does not physically possess the property.
A common example of a lien is a real estate mortgage. Here, the borrower pledges the property as collateral for securing repayment of the mortgage loan to the lender.
Can't find what you are looking for?
Contact us here.
