Junior Lien
A lien which is subordinate to a prior lien.
More Real Estate Definitons
ButtressMortgageeGarnishmentWalkupEvictionKnotURARSurface WaterIn PerpetuityUplandsX-BracingVODPer CapitaVent PipeBeamFront Foot CostQuestion Of LawAmortizeGround leaseNet leaseFloor DrainsPillarFireplaceParolHoldover TenantYieldRoman BathTenantInside LotSettlementOwner OccupiedSubsidyGarnisheeLocationKick PlateGableNote RateMilkingCountyBraced FramingOn-Site ManagerGross lease