Inchoate lien

Inchoate lien

An Inchoate lien is a lien in which the terms or procedures remain undefined or unfinished. [cite web
url=http://research.lawyers.com/glossary/inchoate-lien.html
title=Glossary of Legal Terms - Term Definition
publisher=research.lawyers.com
accessdate=2008-09-28
last=
first=
] This type of lien is easily vacated or revoked in the case where the applicable judgment no longer applies.

References


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Look at other dictionaries:

  • inchoate lien — see lien Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • inchoate lien — The lien of a judgment, from the day of its entry, subject to be defeated by its vacation, becoming a consummate lien if the motion for a new trial is thereafter overruled; such lien then relating back to the original entry of the judgment …   Black's law dictionary

  • inchoate lien — The lien of a judgment, from the day of its entry, subject to be defeated by its vacation, becoming a consummate lien if the motion for a new trial is thereafter overruled; such lien then relating back to the original entry of the judgment …   Black's law dictionary

  • inchoate lien — A lien that has not actually attached to the property, as in the case of a tax lien prior to the assessment of the tax. 51 Am J1st Tax § 1020. The state of a mechanic s lien before filing or giving of notice. 36 Am J1st Mech L § 167 …   Ballentine's law dictionary

  • inchoate — in·cho·ate /in kō ət, iŋ kō ˌāt/ adj 1 a: not yet made complete, certain, or specific: not perfected see also inchoate lien at lien b: not yet transformed into actual use or possession until an emplo …   Law dictionary

  • lien — / lēn/ n [Anglo French, bond, obligation, literally, tie, band, from Old French, from Latin ligamen, from ligare to bind]: a charge or encumbrance upon property for the satisfaction of a debt or other duty that is created by agreement of the… …   Law dictionary

  • lien — /liy(a)n/ A claim, encumbrance, or charge on property for payment of some debt, obligation or duty. Sullins v. Sullins, 65 Wash.2d 283, 396 P.2d 886, 888. Qualified right of property which a creditor has in or over specific property of his debtor …   Black's law dictionary

  • lien — /liy(a)n/ A claim, encumbrance, or charge on property for payment of some debt, obligation or duty. Sullins v. Sullins, 65 Wash.2d 283, 396 P.2d 886, 888. Qualified right of property which a creditor has in or over specific property of his debtor …   Black's law dictionary

  • Lien — For other uses, see Lien (disambiguation). Property law …   Wikipedia

  • consummate lien — A term which may be used to describe the lien of a judgment when a motion for a new trial has been denied (the lien having theretofore been merely inchoate) …   Black's law dictionary

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