laborers' lien — Species of non possessory lien which gives preference to laborer who works on job for payment of his wages ahead of general creditors. Such liens are generally governed by state statutes. See mechanic s lien … Black's law dictionary
lien — /liy(a)n/ A claim, encumbrance, or charge on property for payment of some debt, obligation or duty. Sullins v. Sullins, 65 Wash.2d 283, 396 P.2d 886, 888. Qualified right of property which a creditor has in or over specific property of his debtor … Black's law dictionary
lien — /liy(a)n/ A claim, encumbrance, or charge on property for payment of some debt, obligation or duty. Sullins v. Sullins, 65 Wash.2d 283, 396 P.2d 886, 888. Qualified right of property which a creditor has in or over specific property of his debtor … Black's law dictionary
Mechanic's lien — A mechanic s lien is a security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property. The lien exists for both real property and personal property. In the realm of real property … Wikipedia
Mechanic's Lien — A guarantee of payment to builders, contracters and construction firms that build or repair structures. Mechanic s liens also extend to suppliers of materials and subcontractors and cover building repairs as well. The lien ensures that the… … Investment dictionary
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