blanket lien en · NOUN
Meanings
-
A lien that gives the lienholder the entitlement to take possession of any or all of the lienee's real property to cover a delinquent loan.
A release schedule determines how much of the loan must be paid off in order to have a lot released from the blanket lien.
2006, Kathryn J. Haupt, chapter 9, in Principles of California Real Estate, →ISBN, page 216:
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| blanket liens | Number=Plur | lexicographic |