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What Is a Lien? - Title Insurance Company NJ
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What Is a Lien?

14 Oct What Is a Lien?

Posted at 19:48h in News by

A lien is one of the most common issues that can affect a property’s title—but it’s also one of the most important to identify before closing.

A lien is a legal claim against a property due to an unpaid debt. If left unresolved, it can delay a transaction or prevent ownership from being transferred until the issue has been addressed.

That’s one of the key reasons a title search is performed during the closing process. By uncovering liens and other title issues early, the necessary steps can be taken to resolve them before they become obstacles at the closing table.