What is a lien?

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.

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