mechanic's lien
mechanic's lien · mechanic's liens
A security interest in the title to property for the benefit of those who have…A security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property.
Meaning
1 sensesA security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property.
More definitions
- lien to secure payment for work and materials in erecting or repairing a building or other structure
Forms
plural: mechanic's liens| Singular | mechanic's lien |
|---|---|
| Plural | mechanic's liens |
regular