equitable lien

equitable lien
equitable lien see lien

Merriam-Webster’s Dictionary of Law. . 1996.

equitable lien
A lien on property, imposed by a court to achieve a fair result. For example, if someone has embezzled money from a business, the business might sue an ask the court for an equitable lien on the embezzler's property. (See also: constructive trust)
Category: Real Estate & Rental Property
Category: Small Claims Court & Lawsuits

Nolo’s Plain-English Law Dictionary. . 2009.

equitable lien
   a lien on property imposed by a court in order to achieve fairness, particularly when someone has possession of property which he/she holds for another.
   See also: constructive trust, equity, lien

Law dictionary. . 2013.

Look at other dictionaries:

  • equitable lien — A right, not existing at law, to have specific property applied in whole or in part to payment of a particular debt or class of debts. Morrison Flying Service v. Deming Nat. Bank, C.A.N.M., 404 F.2d 856, 861. An equitable lien arises either from… …   Black's law dictionary

  • equitable lien — noun : a security interest in real or personal property that does not require possession of the property and that can be reached in an equitable proceeding to prevent unjust enrichment …   Useful english dictionary

  • equitable lien — A right, not recognized at law, to have a fund or specific property, or its proceeds, applied in whole or in part to the payment of a particular debt or class of debts. 33 Am J1st Liens § 18 …   Ballentine's law dictionary

  • lien — / lēn/ n [Anglo French, bond, obligation, literally, tie, band, from Old French, from Latin ligamen, from ligare to bind]: a charge or encumbrance upon property for the satisfaction of a debt or other duty that is created by agreement of the… …   Law dictionary

  • equitable — eq·ui·ta·ble / e kwi tə bəl/ adj 1: having or exhibiting equity: dealing fairly and equally shall allocate...appropriations in an equitable manner U.S. Code 2: existing or valid in equity or as a matter of equity as distinguished from law an… …   Law dictionary

  • Lien — For other uses, see Lien (disambiguation). Property law …   Wikipedia

  • Equitable remedy — In law, equitable remedies are the remedies developed and granted by the old courts of equity, such as the Court of Chancery in England, and still available today in common law jurisdictions. [See generally, Meagher and Gummow, Equity, Doctrines… …   Wikipedia

  • lien — /liy(a)n/ A claim, encumbrance, or charge on property for payment of some debt, obligation or duty. Sullins v. Sullins, 65 Wash.2d 283, 396 P.2d 886, 888. Qualified right of property which a creditor has in or over specific property of his debtor …   Black's law dictionary

  • lien — lien1 lienable, adj. /leen, lee euhn/, n. Law. the legal claim of one person upon the property of another person to secure the payment of a debt or the satisfaction of an obligation. [1525 35; < AF, OF < L ligamen tie, bandage, equiv. to liga(re) …   Universalium

  • lien — The right of one person to retain possession of goods owned by another until the possessor s claims against the owner have been satisfied. In a general lien, the goods are held as security for all the outstanding debts of the owner, whereas in a… …   Big dictionary of business and management

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