Definition: A lien is a legal claim or charge against property that secures payment of a debt or performance of an obligation.
Example
An owner gives a lender a mortgage lien on a home to secure repayment of the loan.
Keep the distinction clear
A lien is a type of encumbrance, not ownership of the property. Liens can arise by agreement or under law, and their priority depends on the kind of lien and applicable rules—not simply which creditor asks for payment first.
Related terms
Mortgage · Mortgagee · Freehold Estate
Keep studying
Mortgages: Borrower, Lender, Ownership, and Key Clauses
References: Florida Statutes §697.02
Pronunciation (US): LEEN (capitals show stress)
Pronunciation reference: Merriam-Webster
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