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单词 release of lien
释义

release of lien

Definition
Agreement between a lender and a borrower under which the lender (lien holder) releases the mortgaged asset or property, although the debt obligation remains in force.

Use 'release of lien' in a Sentence

They had a release of lien together, which meant they had an agreement and the lender would release the mortgaged assets.
Luckily, my finance company agreed to give me a release of lien so I can sell the house more quickly.
Starchild petitioned his bank for a release of lien on his ship, due to its absolute destruction via unregulated laser weapons.
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更新时间:2025/4/17 13:28:19