Waiver Of Lien
Voluntary giving up of a right of a lien, usually on a temporary basis. The waiver may be explicitly stated or implied. An example is when a lender waives its right of lien against secured property of the borrower because of missed payments on a mortgage.
Popular Real Estate Terms
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People often ask themselves, what does interim mean? By definition, interim means a break or pause in a particular activity. As an adjective, interim means a temporary, provisional, or ...
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Right to property depends on some occurrence. ...
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