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Definitions from the Web

Lienholders

Definition:

A lienholder refers to a person or entity that has a legal claim or right to hold a property as security for a debt or a particular transaction.

Sample Sentences:

• The lienholders retained ownership of the vehicle until the loan was paid in full.
• The mortgage lienholder has the right to foreclose the property if the borrower defaults on the loan.
• Several lienholders have filed claims against the debtor's assets.
• The lienholders were able to recover their unpaid debts by forcing the sale of the property.

Related Products:

• Mortgage Lender
• Auto Finance Company
• Debt Collection Agency
• Property Law Book