lienholder


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lienholder

(ˈliːənˌhəʊldə)
n
(Law) a party who holds a lien on a property
Also called: lienor
References in periodicals archive ?
Chippewa provided the funding for Mesabi to make the deferred mechanic lienholder payments last Friday, over three years ahead of schedule.
(136) These kinds of liens against property improved by the lienholder's effort are perfectly commonplace and are intended to insure that the boat owner does not receive unjust benefits from uncompensated work done on its property.
Impasse is a final offer by the lienholder which has been rejected by the client, or a final offer by the client that has been rejected or ignored by the lienholder leaving the lien dispute unresolved.
Title Direct is a service that allows documents from multiple sources, typically the insured and lienholder, to be sent directly to an IAA Branch, reducing cycle time and cost for the carrier.
A junior lienholder who objects through the court may tender to the creditor the amount due under the negotiated transfer and assume the benefit of the proposed transfer.
A lienholder may postpone expiration by filing an affidavit or recording a separate instrument with the register of deeds.
(46) The Indiana law further provided that the tax sale was followed by a "two-year redemption period during which the 'owner, occupant, lienholder, or other person who has an interest in' the property" may reclaim title.
The statute protects both the lienholder and the party posting the bond with these words: "The claimant may enforce the bond by a civil action commenced within ninety days after the later of the filing of the statement required by section 8 or receipt of notice of recording of the bond, but such bond shall not create any rights which the claimant would not have had, or impair any defense which the obligors would have had, in an action to enforce a lien." Id.
[section] 922(d) excludes continued payment of these pledged special revenues to the lienholder from being staying under 11 U.S.C.
Although it is still possible to have an unrecorded assignment, the rights of such an assignee are possibly inferior to those of a subsequent recorded lienholder or purchaser.
The Wall easement agreement provided that each lienholder had agreed to subordinate its mortgage interest to the preservation easement.