Property Liens

A property lien is a legal claim against a property that ensures a debt or obligation is paid. When someone owes money—like for a loan, unpaid taxes, or contractor work—the lender or service provider can place a lien on the property. This means if the owner sells or refinances, the debt must be settled from the proceeds. Liens can affect the property’s marketability and may involve foreclosure if the debt remains unpaid. Essentially, a lien secures the lender's right to be paid before the property can be transferred to another owner.