Lien Theory
A theory followed in several states that assumes a mortgage has only a lien on the mortgage property, and the mortgagor has legal title. See: Title Theory.
More Real Estate Definitons
Black AcreKeystoneX-BracingSurety bondBillboardExcess IncomeValley RoofLand Use MapJoint OwnershipDefeasance DeedMedian StripYardUrbanHallHypothecationGrainOption to RenewEquity Build-UpVicinageHabendum clauseJudgment LienFloor LoadJoint tenancyLiberKeene'S CementOccupancyUse DensityInquiryWitnessUCCZoning VarianceSpecific lienJumbo Va LoanKey TenantUpset PriceQuarter SectionRental ValueCloverleafMaturityHardpanMaintenanceMolding