non-possessory liens

A non-possessory lien is a legal claim on someone’s property that doesn't require the creditor to take possession of it. It serves as security for a debt or obligation, meaning if the debtor doesn't pay, the creditor can potentially force a sale of the property to recover what’s owed. Common examples include mortgage liens, where a home is secured for a loan, or tax liens, where government taxes are unpaid. These liens remain attached to the property until the debt is settled, even if the property is sold or transferred, ensuring the creditor’s financial interest is protected.