“Another option available to the owner is to file a counterclaim against the lienor for willful exaggeration of the lien.”
“If the lienor is successful in proving his lien, the contractor may recover the funds secured by the undertaking.”
“A lien is filed, is revealed of record in the foreclosure search, and elicits naming the lienor as a party defendant to unburden the title from that interest.”
lienholder
(law) Used in instances of title of property (such as a vehicle) to refer to the person who has right of property, as opposed to the party that merely has right of possession. The party that only has right of possession is referred to as a registered owner, and in the event the registered owner fails to pay off the lien according to the agreed-to terms, the lienholder has the right to invoke repossession of the property (vehicle).
“The contractor, Andrew J. Campanelli, a Garden City lawyer, said he prosecuted 3,211 cases and that virtually all resulted in the vehicle becoming the property of the county or of a lienholder, not of the drunk driver.”
“If your Vehicle is leased, the Manufacturer will make payment of your entitlement to You as the Lessee, and separately to the Lessor and the lienholder.”
“Filing with the state generally is required to perfect an agricultural lien unless the collateral is in the possession of the lienholder.”
lienee
(law) One who has right of possession of goods but not right of property; the registered owner.
