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A general lien is available as a security for all debts arising out of similar transactions between the parties.

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Q: What is a general lien?
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Related questions

What is No Lien Account?

No Lien accounts are account on which the concerned bank could not exercise its right of general lien (general terms and conditions).


What is difference between general lien and perfect lien?

The general lien refers to any type of security while a perfect lien refers to a specific type of security.


Can a judgment lien be constructive or voluntary or general or specified. What?

A judgment lien is an involuntary lien.


What is a particular lien or general lien of bail?

A particular lien exists only as security for a particular or specific debt owed, and a general lien allows a lien holder to keep possession of a debtor's goods until all debts due from the debtor have been paid.


A lien that affects all of the real and personal property owned by a debtor is called?

General lien.


What is the difference between general lien and particular lien?

particular lien gives right to retain only such goods in respect of which charges due remain unpaid......whereas, general lien gives right to retain any goods belonging to another person for any amount due from him......


What is the procedure in South Carolina for putting a lien on a piece of land for a personal debt when the owner of the land is agreeable to the lien?

Go to Office Max or Office Depot and buy the paperwork commonly called a "mechanic's lien". This is a general lien contract and can be modified for your purposes.


How can an individual have a lien on your home?

Because the individual filed suit against you for something, won the case and obtained a judgment against you, then filed a lien at the registry of deeds. In general, the way to remove the lien is to pay what the court told you to pay.


What is general contractor with LRF?

According to Utah DOPL is stands for Residential "Lien Recovery Fund".


What is a general contractor with LRF?

According to Utah DOPL is stands for Residential "Lien Recovery Fund".


Is Pennsylvania a lien theory state or title theory state?

Pennsylvania is a lien theory state........ General Credit v. Cleck, 415 Pa. Super. 338, 609 A.2d 553 (1992).


Can a lien be put on a Florida home for an unpaid automobile debt?

In most states no. Check with you state Attorney General.