Senior Lien - Law Dictionary Search Results
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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