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Resources > Glossary > Lien

Glossary of Notary Public, Mortgage, Signing Agent, and Loan Signing Terms.

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Common Terms 1   Common Terms 2


Phonetics: lien    \'lēn\

Function: noun

Theorder of liens against a property are documented in the subordination agreement if there are multiple liens.

Definition 1:
An encumbrance against property for money due which could be either voluntary or involuntary.

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