Question

what is known as lien?

Answer 1

hey
here is ur answer

A lien is a form of security interest granted over an item of property to secure the payment of a debt or performance of some other obligation. .


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Answer 2

Hi user

A lien is an encumbrance on one person's property to secure a debt the property owner owes to another person. The statement that someone's property is "tied up" describes the effect of liens on both real and Personal Property. Lien is a French word meaning "knot or binding" that was brought to Britain with the French language during the Norman Conquest in 1066.

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