Posted on: 03rd Oct, 2009 11:13 am
What does mean by voluntary lien?
This post can help you
http://www.mortgagefit.com/lien.html
http://www.mortgagefit.com/lien.html
Hi leeelliot!
Welcome to forums!
A voluntary lien is a debt which the property owner has agreed to have recorded. A mortgage is considered as a voluntary lien as the real estate owner has agreed to use the property as a collateral for the mortgage dues.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
A voluntary lien is a debt which the property owner has agreed to have recorded. A mortgage is considered as a voluntary lien as the real estate owner has agreed to use the property as a collateral for the mortgage dues.
Feel free to ask if you've further queries.
Sussane