Question: I want to know what are the rules for putting a lien on a piece of property. Answer: First, let me explain that a lien is a claim that one party has a property as security for a debt or ...

Liens are legal claims on property that are often placed by creditors or government agencies to secure property taxes, contractor fees and other unpaid debts. Common types include tax, judgment, ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

In Colorado, there are two different types of mechanic’s liens. One type provides for remedies to those who supply labor, materials, services and other lienable benefits for the improvement of ...

When people ask me about mechanics’ liens, I always have to ask for more details. There are two types of mechanics’ liens in Ohio, and they are not related to each other in any way, even though they ...

A mortgage lien is a mortgage lender’s legal right to take legal possession of your home if you fail to pay your debt — a process known as foreclosure. This claim makes your home the collateral that ...

A lien is a legal right, or claim, to your property acquired by a creditor. The purpose of a lien is to hold a property item — it doesn’t have to be a house — as collateral for a loan or debt. If you ...

A maritime lien is a claim against a vessel that may be enforced by seizure of the relevant property. They were created to promote commerce by allowing suppliers to freely extend credit to ships but ...