What is lien holder?

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The individual who said "Okay" and gave you money when you said "I want to buy something, rent me some money, I'll pay you subsidise."

They have a lien on whatever you bought until you take-home pay back what you borrowed and the interest (rent) of the money, at which time they will give you a lien release and it will become your property free and clear.

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The lien holder has an interest surrounded by the ownership of the item, and they are using an item for collateral on a loan. When you borrowed money using the item as collateral, you gave them the right to take the item away from you if you don't pay cheque them back.

So if you have a loan that uses your coup¨¦ as collateral, that will appear on the title. The person who loaned that money has the right to clutch the car away - You, on the other hand, cannot market the car unless you pay them.
The individual who said "Okay" and gave you money when you said "I want to buy something, rent me some money, I'll pay you subsidise."

They have a lien on whatever you bought until you take-home pay back what you borrowed and the interest (rent) of the money, at which time they will give you a lien release and it will become your property free and clear.

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Answers:    The person or lending institution that give you the money to buy something, i.e., a car or house.

They actually enjoy more of an insurable interest in the item than you do until you have rewarded them off.
The lien holder has an interest surrounded by the ownership of the item, and they are using an item for collateral on a loan. When you borrowed money using the item as collateral, you gave them the right to take the item away from you if you don't pay cheque them back.

So if you have a loan that uses your coup¨¦ as collateral, that will appear on the title. The person who loaned that money has the right to clutch the car away - You, on the other hand, cannot market the car unless you pay them.
The individual who said "Okay" and gave you money when you said "I want to buy something, rent me some money, I'll pay you subsidise."

They have a lien on whatever you bought until you take-home pay back what you borrowed and the interest (rent) of the money, at which time they will give you a lien release and it will become your property free and clear.

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