What is Lien? | REAL-ESTATE-SALESPERSON Exam Prep

A lien is a legal claim against a property that must be paid when the property is sold, serving as security for a debt or obligation. 📚 Learn more about Lien and other key terms for your REAL-ESTATE-SALESPERSON exam at Open Exam Prep. 🎯 This term appears on: REAL-ESTATE-SALESPERSON 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 Lien definition: https://www.open-exam-prep.com/glossary/lien 💡 Exam Tip: Property tax liens are ALWAYS first priority. Recording date determines other priorities. --- #real-estate #examprep #financeexam #real-estate-salesperson