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Glossary of Notary Public, Mortgage, Signing Agent, and Loan Signing Terms.

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Common Terms 1   Common Terms 2

Lien

Phonetics: lien    \'lēn\

Function: noun

Theorder of liens against a property are documented in the subordination agreement if there are multiple liens.

Definition 1:
An encumbrance against property for money due which could be either voluntary or involuntary.

Thesaurus / Related Terms
Encumbrance