| 释义 |
mortgage lien
mortgage lienA charge against property as security for the payment of a loan.Mortgage Lien
Mortgage LienThe right of a lender to take possession of a designated piece of real estate if a borrower does not repay a mortgage. For example, if Joe buys a house with a mortgage loan and then defaults, the lender may take possession of the house. The lender releases the lien when the mortgage is fully repaid. |