A lien is a legal claim on a property that is used as security for the payment of a debt or other obligation. Lien is typically used to secure payment of mortgages, construction loans and many other debts in real estate. When you take out a mortgage to buy a house, for example, the bank will put a lien on the property until you pay off the loan. If you default on the loan, the bank can foreclose on the property to collect the money it's owed.

Real Estate Glossary | What is Lien??

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Beycome Corp. works with real estate brokerages licensed to do business in multiple states across the country. Beycome Brokerage Realty LLC d/b/a beycome.com is a real estate brokerage licensed to do business in AL, GA, IL, MI, MN, NC, SC and TX. Beycome of Florida LLC d/b/a beycome.com is a real estate brokerage licensed to do business in Fl. Beycome of Connecticut LLC d/b/a beycome.com is a real estate brokerage licensed to do business in CT. A list of our licenses is available here.

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