Voluntary lien
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  Voluntary lien



Voluntary lien

   A voluntary lien by the owner such as a mortgage.

RELATED TERMS
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Lien
A charge or claim by one party on the property of another as security for the payment of a debt.

Mortgage
A legal document pledging property as security for the payment of a loan.



SIMILAR TERMS
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Voluntary conveyance
Voluntarily signing over to a lender the property pledged as collateral on a defaulted loan.



PREVIOUS AND NEXT TERMS
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Void
Something that is unenforceable.

Voidable
A situation which is capable of being unenforceable but is not so unless direct action is taken.

Voidable contract
A contract that seems to be valid on the surface but may be rejected or disaffirmed by one or both of the parties.

Volatile organic compounds
Carbon compounds that tend to be emitted as gases into the air. Organic chemicals are widely used as ingredients in household products.

Voluntary conveyance
Voluntarily signing over to a lender the property pledged as collateral on a defaulted loan.

Voluntary lien

This dictionary contains 6433 terms.
      












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