Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

lien account

Read a random definition: merx et pretium

A quick definition of lien account:

A lien account is a statement that shows how much money someone owes for a debt or a lien. It's like a bill that tells you how much you have to pay. It's important to keep track of lien accounts so you can pay off your debts and avoid legal trouble.

A more thorough explanation:

Definition: A statement of claims that fairly informs the owner and public of the amount and nature of a lien.

Example: A lien account may be used in the context of a mechanic's lien, where a contractor or supplier has a legal claim against a property for unpaid work or materials. The lien account would detail the amount owed and the nature of the work or materials provided. This information would be made public so that potential buyers or lenders are aware of the outstanding debt.

Explanation: A lien account is a record of a legal claim against a property. It provides transparency and accountability by informing the owner and the public of the amount owed and the nature of the debt. This helps to prevent disputes and ensures that all parties are aware of their obligations. In the example given, the lien account would help potential buyers or lenders make informed decisions about the property, as they would be aware of the outstanding debt and could factor it into their calculations.

lienable | lien avoidance

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
babycat
10:09
I almost did nipple piercing on a dare once but I would be sad if my nipples looked different
triplethread
10:09
I didnt bleed when i got mine done and they never hurt. I think my body is just really built for piercings because i've never had any rejections its that african tribal blood
Dkk
10:09
@triplethread: did you soak em in like salt water for a year.
triplethread
10:10
nope
BulbasaurNoLikeCardio
10:10
@babycat: they are too cute for piercings? My wife plans to get them done after breast feeding and Id do it to see how it feels and laugh
bulb i have like 6 piercings in each ear but they're all apart from each other so they do not clack lol
triplethread
10:10
@babycat: I only have 1 pierced for that reason
Dkk
10:10
Lmfao, that is risky I hear. @triple
shaquilleoatmeal
10:10
Happy Friday hoes
i got my navel done recently and that shit was annoying for like two weeks but now it's completely fine
babycat
10:11
also my boobs are too big to go without a bra on the regular so people would never know that I have them
triplethread
10:11
I had a saline spray that i used for a couple months but shes all good and guys love it so win win
JumpySubsequentDolphin
10:11
@BulbasaurNoLikeCardio: I’ve only gotten my nose pierced as a baby before I got my nose piercing and it was a very mild experience
i was worried it was gonna catch on things and shit but actually w the way the anatomy works it's totally fine
10:11
@jackfrost11770: Heard you were Russian, DM me
JumpySubsequentDolphin
10:11
like it wasn’t painful or anything and I have no experience w piercings
BulbasaurNoLikeCardio
10:11
@jackfrost11770: depending the piercing she had and the activity they would clack. Like she had ones that would be like chains too
10:11
I have a few words to exchange in our native tongue
babycat
10:11
@renard99: you sound so sinister lmaooo
10:11
LMFAO
babycat
10:12
also I don’t think you can dm without lsd+
BulbasaurNoLikeCardio
10:12
@babycat: they make boob tape so you don't have to wear a bra while keeping them supported and perky looking? At least I think that is what boob tape does
babycat
10:12
Yeah but I’m not gonna tape my boobs everyday that seems so annoying
i'm gonna be honest idk how to dm on here LOL but i think u need lsd+ haha
BulbasaurNoLikeCardio
10:13
I am worried a nose piercing would like mess with my cardio even though everyone says no
10:13
Oh shoot hm
10:13
Do you have Discord
но здравствуй да русский мой первый язык так что :)
10:13
Ахахахах ну давай, добавь меня бро
JumpySubsequentDolphin
10:13
@BulbasaurNoLikeCardio: I’m very confused how would that interfere
LSD+ is ad-free, with DMs, discounts, case briefs & more.