A lien is a legal document that prevents sale, usually of a property until the debt is satisfied. Charge is an agreement to pay a debt in a specified tied under specified terms.
The difference between vacate and satisfaction of a lien is the way in which it was surrendered. During a vacate of a lien, the creditor is releasing the lien on a loan, usually because of a full repayment. The satisfaction of a lien would be like a repossession for non payment to a creditor.
Artisans lien is against personal property and is possessory. Mechanic's lien relates to real property.
A transfer of lien assigns the lien claimant's position in the lien to another party. A release of lien discharges the lien and makes it not appear on a title policy issued for the property.
The general lien refers to any type of security while a perfect lien refers to a specific type of security.
There are many types of liens. An attachment is a type of lien generated by a court during the course of a lawsuit.
Your telling me!
fixed and floating charge
Release is just that -- No other party has interest or claim to property vs. Transfer which just changes the name of the lien holder and does not Release. hope this helps
I live in Utah and I have found there is no difference
A lien is a legal claim on an asset as security for a debt, while a loan is money borrowed from a lender that must be repaid with interest.
Potential difference.
lieu means "place" as in "in lieu of" means "in place of" where lien means "hold". A person or company may put a lien on your property for monies owed them. They now have a stake on your assets.