Lien

From Lawiki - The law notes repository
Jump to navigation Jump to search
Lawiki for and by law students - find us on Facebook if you want to help us edit this Law Wiki.

Not professional advice - LAWIKI cannot guarantee the validity of any information




A general term for a right that one person acquires over the real property or PersonalProperty of another, when there is a contractual arrangement between the parties in respect of that property. In principle, a Mortgage or a hire-purchase charge amounts to a lien; however, the term is rarely encountered in English law these days, except occasionally in the context of arepairers lien, because more precise terms are typically used.

UK LAW
English Legal Systems
UK LAW