Define: Lienor

Lienor
Lienor
Quick Summary of Lienor

A lienor is a person or entity that holds a lien on property, which is a legal claim against the property to secure the payment of a debt or obligation. The lienor may be a lender, creditor, or other party who has provided goods or services and has not been paid. By placing a lien on the property, the lienor has the right to seek payment through legal means, such as foreclosure or repossession, if the debt or obligation is not satisfied. Liens can be placed on various types of property, including real estate, vehicles, and personal property, and they typically must be recorded or filed with the appropriate government agency to be enforceable.

What is the dictionary definition of Lienor?
Dictionary Definition of Lienor

Individual holding a lien.

n. a person who holds a lien on another’s property or funds.

  1. legal A lienholder.
  2. legal, Australia A lienee.
Related Phrases
No related content found.
Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 29th March, 2024.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

  • Page URL:https://dlssolicitors.com/define/lienor/
  • Modern Language Association (MLA):Lienor. dlssolicitors.com. DLS Solicitors. March 29, 2024 https://dlssolicitors.com/define/lienor/.
  • Chicago Manual of Style (CMS):Lienor. dlssolicitors.com. DLS Solicitors. https://dlssolicitors.com/define/lienor/ (accessed: March 29, 2024).
  • American Psychological Association (APA):Lienor. dlssolicitors.com. Retrieved March 29, 2024, from dlssolicitors.com website: https://dlssolicitors.com/define/lienor/