A valid lien is a legal claim or hold on a property or asset that someone has the right to enforce. It serves as a form of security for a debt or obligation owed to them.
Sentences with «valid lien»
insurance to assure the lender that you own the home and the lender's mortgage is a valid lien. (investmentzen.com)
Please note the importance of «valid lien» in the previous sentence. (lrlawoffice.com)
But if Uncle Jim placed a valid lien on the car, then there is nothing for the trustee to take. (lrlawoffice.com)