A real estate property lien is a claim against a property to secure debts. The property is used as collateral to compensate the debts if the owner is unable to pay the debt owed.
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There are three common types of liens and each one has a unique role on a property owner's land: Mechanic's lien, voluntary lien, and involuntary lien.

A voluntary lien is a mutual agreement made between the creditor and the debt owner. In this scenario, the creditor will possess ownership over the collateral until the debt is repaid. The most common voluntary lien is a mortgage.

An involuntary lien is imposed on the property owner by a government body. For example, if you fail to pay back your property taxes, a lien can be placed on specific parcels of your land.

Liens are encumbrances that can cause disaster when selling a property. If the property you're selling has a lien, this could hamper any progress and leave you in trouble.

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