top of page

What Is a Perfected Lien?


Assuming you would like an article discussing what a perfected lien is:


A perfected lien is a security interest in property that has been properly filed with the appropriate government office. This gives the holder of the lien the right to seize the property if the owner fails to meet the terms of their agreement. Perfecting a lien is important for lenders because it allows them to recoup their losses if a borrower defaults on their loan.


There are two ways to perfect a lien: possession and control. Possession means that the lender physically takes possession of the property, such as when a car is repossessed. Control means that the lender holds title to the property, such as when a house is foreclosed upon.





The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.



Our main goal is to help you find a fresh start FAST!


Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706






Comments


Featured Posts
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

Call 

1.626.338.5505

Email 

Follow

  • Facebook
  • Twitter
  • LinkedIn
  • Instagram
bottom of page