§ 2881 Lien Creation Methods

• •A lien is a legal claim on someone's property, like a house or car, to make sure they pay a debt.
• •You can agree to a lien yourself, like when you take out a loan for a car and the bank says they own it until you pay them back.
• •Sometimes the law automatically puts a lien on something, like if you don’t pay taxes, the government can claim your property.

You buy a house with a mortgage loan from the bank.

The bank puts a lien on your house. This means if you stop paying your loan, the bank can take your house to get their money back. You agreed to this when you signed the loan papers.