| 词汇 | Lien2 |
| 释义 | `1`Lien2 `2` "Legal Lexicon": Judgments rendered in courts of record are generally liens on the real estate of the defendants or parties against whom such judgments are given. Liens are also divided into legal and equitable. The former are those which may be enforced in a court of law; the latter are valid only in a court of equity. The lien which the vendor of real estate has on the estate sold for the purchase money remaining unpaid, is a familiar example of an equitable lien. Lien Of Mechanics And Material Men. By virtue of express statutes in most states, mechanics and material men or persons who furnish materials for the erection of houses or other buildings, are entitled to a lien or preference in the payment of debts out of the houses and buildings so erected and to the land, to a greater or lessor extent, on which they are erected. The lien generally attaches from the commencement of the work or the furnishing of materials and continues for a limited period of time. In some states, a claim must be filed in the office of the clerk of the court or a suit brought within a limited time. On the sale of the building these liens are to be paid pro rata. In some states no lien is created unless the work done or the goods furnished amount to a certain specified sum, while in others there is no limit to the amount. In general, none but the original contractors can claim under the law; however, sometimes sub-contractors have the same right. --b-- |
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