Phrases with «existing liens»

"Existing liens" refers to any legal claims or debts that are already attached to a specific property or asset. It means that there are already some outstanding obligations or financial burdens on the property that need to be resolved before any new transactions or ownership changes can take place. Full definition

Sentences with «existing liens»

  • 2 Your current mortgage (s) and any other existing liens against the property, must be paid off at or before closing. (reverse.org)
  • 2 Your current mortgage (s) and any other existing liens against the property, must be paid off at or before closing. (reverse.org)
  • Members can borrow up to 80 % of the value in their homes, less existing liens. (preferredcu.org)
  • (see all sentences)
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