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Senior Lien - Law Dictionary Search Results

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senior lien

senior lien see lien

mortgage

in priority to a first mortgage called also junior mortgage senior mortgage : first mortgage in this entry special mortgage : … a "W. M. McGovern, Jr. et al."] b : a lien against property that is granted to secure an obligation (as

Jus offerendi

the right of subrogation; the right to succeed to a senior creditor's lien and priority upon tendering the amount due to

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lien

lien [Anglo-French, bond, obligation, literally, tie, band, from Old French, from

Lien

Lien [answering to the tacita hypotheca of the Civil Law], a

Vendor's lien for unpaid purchase money

Vendor's lien for unpaid purchase money. Where a vendor of land conveys,

Maritime lien

Maritime lien, is well defined to mean a claim or privilege upon

Possessory lien

Possessory lien. A possessory lien arises at common law from an agreement

lien waiver

lien waiver A document that releases a consumer (homeowner) from any

Lien and claim

Lien and claim, where a claim cannot but be termed to

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