what is...

LIEN A legal claim against another person's property as security for a debt. A lien does not convey ownership of the property, but gives the lien holder a right to have his or her debt satisfied out of the proceeds of the property if the debt is not otherwise paid. ALSO SEE: SUBROGATION

The information provided herein is not intended to be legal advice, but merely conveys general information related to legal issues commonly encountered.