Lien Period


Definition of "Lien period"

Time period in which one may carry out a lien on property.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Mill

One tenth of a cent. Mills are a common term in expressing tax rates per dollar of assessed valuation. For example, a property is taxed at the rate of ...

Septic System

System for human waste disposal where sewers do not exist. Pipes transport waste into septic tank and a leaching field purifies the fluids that come o ...

Primary Beneficiary

The person to receive the benefits of a trust when distribution occurs. Secondary beneficiaries may be nominated if the primary beneficiary predece ...

Housing And Urban Development Department (HUD)

Created by Congress in 1965, the U.S. HUD is the agency principally responsible for federal programs relating to housing and urban improvement. HUD's ...

Flat

A building having one house hold on the first floor and a second household on the second floor. ...

Unity

Legal dictate that must exist for property to be owned as joint tenants. ...

Popular Real Estate FAQ

What Is A Front-end Ratio?

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest, property taxes, and insurance (OITI)-compared to ...

How Much Money Can I Borrow To Buy A Home?

To begin, you\'ll need to figure out what your gross income is (before taxes) monthly and yearly. To get a quick ballpark figure, take the yearly inc ...

What Is A Seller Disclosure?

A seller disclosure is a form required by most states; the seller uses this form to disclose any known defects of the home. ...

What Is A Subdivision?

A subdivision is a piece of land divided into several plots in which homes are built. ...

What Is A Home Warranty?

A home warranty is a guarantee for certain features of a new home-for instance, the materials and workmanship, the main components of the house, and s ...

What Is Accession?

The right of a property owner to have and enjoy all of the advantages of property ownership including air right, mineral rights, riparian rights, and ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Home Prices - The Extra Costs Top Things to Budget for When Rehabbing a Flip House How to become a real estate agent Foreclosure - The Pros and Cons of Buying Large Real Estate Companies vs Individual Agents or Small Companies

FAQ

What is Long Term Care Insurance? I need Hospital Insurance in addition to my current health insurance policy? What is a gift letter? What is joint tenancy? What is an index?