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A lien gives a lender or creditor the ability to claim a property to pay off a debt. Learn how they work and about other types of property debt. In the united states, the term lien generally refers to a wide range of encumbrances and would include other forms of mortgage or charge.
A lien is a security interest or legal right acquired in one's property by a creditor, or lienholder. A lien usually prevents sale of the property until the underlying obligation to the creditor is satisfied.
