Release of lien

Release of lien,

Definition of Release of lien:

  1. Agreement between a lender and a borrower under which the lender (lien holder) releases the mortgaged asset or property, although the debt obligation remains in force.

How to use Release of lien in a sentence?

  1. They had a release of lien together, which meant they had an agreement and the lender would release the mortgaged assets.
  2. Starchild petitioned his bank for a release of lien on his ship, due to its absolute destruction via unregulated laser weapons.
  3. Luckily, my finance company agreed to give me a release of lien so I can sell the house more quickly.

Meaning of Release of lien & Release of lien Definition

Release Of Lien,

Definition of Release Of Lien:

  1. Properties without mortgage. See related deposit release questions.

Literal Meanings of Release Of Lien

Release:

Meanings of Release:
  1. Allow or allow the detainee to escape.

  2. Move, act or move freely.

  3. Allow (information) to be publicly available

  4. Delivery or Forgiveness (Debt)

  5. The act or process of release or release.

  6. Make movies, recordings, or other products available for public viewing or purchase.

  7. The process of transferring property, money or rights to another person.

Sentences of Release
  1. The government announced the release of the prisoner

  2. He let go of her arm and pushed her away

  3. No details are available about the contents of the lecture.

  4. The next amount is due to the loan that was repaid

  5. The campaign of the mothers of the prisoners led to their release

  6. The film's release was delayed two years.

  7. My bank manager told me that the release of any money would have to be approved by the lawyer who initiated the frozen court order.

Synonyms of Release

single, exempt, liberate, rescue, make public, allow to leave, set free, discharge, print, communicate, bring to public notice, post, album, distribute, make known, deliverance, set loose, disc, disclose, publish, report, reveal, impart, transmit, declare

Of:

Meanings of Of:
  1. It shows the relationship between the part and the whole.

  2. Indicates the relationship between scale or size and value.

  3. Refers to the relationship between two organizations, usually the organization of the association.

  4. This shows the relationship between the address and the waypoint.

  5. It represents the relationship between a general type or type and a particular object belonging to that category.

  6. After the noun that comes from the verb or related to it

  7. Joomla header is a predictive adjective.

  8. Identify the component or substance that makes the difference.

  9. Express the hour for the next hour.

Sentences of Of
  1. 5% increase

  2. North of Chicago

  3. Nice to meet you

  4. In New York, only a quarter to three

Synonyms of Of

of, by, in, carried out by, caused by, from, done by, made by

Lien:

Meanings of Lien:
  1. The right to keep another person's property until that person's debt is paid off.

Sentences of Lien
  1. The seller has a promise for everyone.