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Simple English definitions for legal terms

lienholder

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A quick definition of lienholder:

A lienholder is someone who has a legal right to keep something until a debt is paid off. This person is also called a lienor or lienee.

A more thorough explanation:

Definition: A lienholder is a person or entity that has a legal claim or interest in a property or asset until a debt or obligation is paid off. This person or entity is also known as a lienor or lienee.

Example: If you take out a car loan, the lender becomes the lienholder until the loan is fully paid off. This means that the lender has a legal claim to your car until you have paid back the loan in full. Another example is a contractor who has completed work on a property but has not been paid. The contractor may file a lien against the property, making them a lienholder until they receive payment for their services.

The examples illustrate how a lienholder has a legal claim or interest in a property or asset until a debt or obligation is paid off. In both cases, the lienholder has the right to take legal action to recover the debt owed to them.

lienee | lien jurisdiction

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finna make yo hard times look pretty 😪
i watch my grandpa say penis
hys students when they see the above the law rankings 😪
@BelligerentMagicalWarthog: anecdote but a friend of mine got off the gulc waitlist in July last year
Write a poem rizzing up the admission staff
@Zenaida-Macroura: I got a waitlist on Saturday
Should I email HLS and ask if WL students get merch. They asked for my address for a surprise gift but I haven’t gotten anything
Zenaida-Macroura
8:58
@dusttodiamonds: OMG???
Zenaida-Macroura
8:58
More things to worry about over the weekend nice....
[] ararara
9:15
@Zenaida-Macroura: there’s no reason to worry ☮️ ❤️ but I/we get it! For me I’m super worried about not having any money coming in for a while plus no sugar mommy/daddy (yet!) to take care of me!
[] ararara
9:16
I always think back to when I was anxious waiting for my lsat results one take. I went to the park and a parent let me play with their kid. I fixed his truck and he was hyped! He told me to “have a good time!” when I left haha. He’s our spirit animal!
Zenaida-Macroura
9:33
@ararara: You're so sweet, this is nice to hear ty <3!!!!1
manifestmoreadmissions
9:36
@Zenaida-Macroura: I got admitted to a school on a sunday once
manifestmoreadmissions
9:39
@menherachan: ok first of best of luck!! second off did they tell you that like in a feeler or when you reached out to them or like some other way?
manifestmoreadmissions
9:39
@KnowledgeableRitzyWasp: i think its so cool when you say the schools im WL'ed by still have room
[] ararara
9:43
Yooo hahah we’ve also gotta play hard just like that kid we’re going to go crazy and break everything in this place happy Monday!!
okay guys if you were making a love songs playlist what would you put on it?
manifestmoreadmissions
9:47
greensleeves
Zenaida-Macroura
10:00
@baddestbunny: love by DEAN!!!!
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dammit he was supposed to be doing the whip
forever and ever amen by randy travis!
Do we think we'll see some more vandy movement this week
ThiagoSplitter2024
10:22
today is the day for AdComs to roll out of bed and fire off some decisions! Carpe Diem
true!
[] ararara
10:37
It’s better for off topic but “Here In Your Arms” by hello goodbye hahaha https://m.youtube.com/watch?v=6-KQ1tp_qOQ&pp=ygUeaGVyZSBpbiB5b3VyIGFybXMgaGVsbG9nb29kYnll
[] ararara
10:37
Wish sunshine was here (lsd mod) she used to tell people to sing and dance before their lsats
[] ararara
10:38
@baddestbunny: hope this means you’re in love!
amlaw
10:43
please let something good happen today
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