Quick Summary
A lien is a legal claim or charge on property (movable or immovable) as security for the payment of a debt or satisfaction of an obligation. The lienholder can retain possession until the debt is paid.
A lien is a legal claim or charge on property (movable or immovable) as security for the payment of a debt or satisfaction of an obligation. The lienholder can retain possession until the debt is paid.
Key Characteristics
- Right to retain possession until debt is paid
- Can be on movable or immovable property
- Possession must be lawful and continuous
Legal Framework
General lien for all debts in same relationship
Key Points
- Right to retain possession until debt is paid
- Can be on movable or immovable property
- Possession must be lawful and continuous
- Right of retention, not sale (unless court order)
- Particular lien for specific transaction
- General lien for all debts in same relationship