Mechanic's lien
A claim against a property filed by a contractor or supplier who was not paid for work or materials. It must usually be paid or released before the property can sell with clear title.
Also called: mechanics lien, construction lien, contractor's lien
Related terms
A legal claim against a property that secures a debt, such as a mortgage, unpaid taxes or contractor bills. Liens generally must be paid off or released before the property can be sold with clear title.
Any claim, lien or error in the records that casts doubt on who owns a property. It usually must be cleared before the sale can close.
A review of public records to confirm who owns a property and find liens, easements, judgments or other problems. Its results go into the title commitment before closing.
Local government approval for construction, additions, or major system work. Unpermitted work can cause problems with appraisals, insurance, and resale.