lienholder

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Related to Lienholders: Retaining lien

lienholder

(ˈliːənˌhəʊldə)
n
(Law) a party who holds a lien on a property
Also called: lienor
References in periodicals archive ?
They went through the whole process, choosing coverage limits, verifying lienholders, etc.
Equity is the difference between the sale price of the home and the remainder that is paid off to lienholders. Id.
Verifacto's cost-effective, technology-based solutions provide lienholders and additional-insured the ability to be on top of their collaterals' insurance status and in control of their risk exposure at all times.
The act, like the bankruptcy code, permits the transfer of liens to the sale proceeds, which allows the receiver to use those funds and disburse them pro rata among the other lienholders or, if applicable, unsecured creditors.
Here, the court's conclusion of value determines whether an additional loan will still allow for an equity cushion that adequately protects all existing lienholders. Bankruptcy courts are given considerable flexibility in resolving valuation issues.
"The agency has succeeded in identifying many zombie homes, taking legal action against a first group of lienholders who were failing to maintain their vacant houses, and helping tens of thousands of at-risk homeowners avoid foreclosure."
Acres Capital, the administrative agent for the lienholders, filed on Sept.
When FEMA declared that lawyers and others could not be named on checks, the agency cited an obscure 76-year-old law, the Assignment of Claims Act, to preempt plaintiff attorneys, public adjusters and other lienholders - such as water mitigation companies - from clawing their way into being named on indemnity payments.
(4) Third, to obtain priority over other creditors' existing liens, the seller must deliver an authenticated (i.e., signed) notification to the previously perfected lienholders stating that the seller has or expects to acquire a PMSI in the inventory of the buyer and describing such inventory.
a first and second lien lending arrangement, the second lienholders
competing lienholders. (216) The court was called upon to construe the