- n. law Used in instances of title of property (such as a vehicle) to refer to the person who has right of property, as opposed to the party that merely has right of possession. The party that only has right of possession is referred to as a registered owner, and in the event the registered owner fails to pay off the lien according to the agreed-to terms, the lienholder has the right to invoke repossession of the property (vehicle).
- From lien + holder. (Wiktionary)
“The city is allowed to sell liens to an authorized third party, a "lienholder," who then has the authority to collect the money that was owed to the city, plus fees and interest, and ultimately, to begin foreclosure if an agreement with the lienholder is not reached.”
“I have permission from my lienholder, I have Mexican Insurance BUT no Licence Plate.”
“Don't know, but I suspect that a lender or lienholder would have the Factura.”
“In their absence, the property is expected to go to CrossHarbor, the first lienholder on the property; it has submitted a bid of $10.9 million.”
“Or even the fact that many foreclosed loans are second liens, even past due condo association fees, and those who buy them get nothing but the lien: the first lienholder still has the property.”
“Craig Hergert/Montana Panoramic CrossHarbor was the first lienholder on the property and paid for it with cash and $10 million credit against what they were owed.”
“CrossHarbor was the first lienholder on the property and paid for it with cash and a $10 million credit against what they were owed.”
“What this means is that when you sign your name on the dotted line for your loan, the lienholder has certain insurance requirements that must be met for the life of the lien.”
“If you do not meet the minimum insurance requirements set by your lienholder, Balboa Insurance places a force placed insurance policy on your loan.”
“Surprisingly, the primary lienholder is listed as Tyler Hansborough, a senior at UNC and reigning National Player of the Year.”
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Behold! (and becomingholders!!) We all are stakeholders? Where's the steak? No beef!
Looking for tweets for lienholder.