Liens Flashcards
1
Q
What is a lien?
A
The right to keep possession of property belonging to another person until a debt owed by that person is discharged.
2
Q
What is a lien attached to?
A
The home.
3
Q
What is a general lien?
A
A lien on property that is both real and personal of the debtor
4
Q
What is specific lien?
A
Against one property
5
Q
What is a voluntary lien?
A
A lien placed on the property with consent to the owner
6
Q
What is an involuntary lien?
A
A lien placed without consent of the owner.
7
Q
What is a statutory lien?
A
Placed on the property by law.
