Inchoate lien
Encyclopedia
An Inchoate lien is a lien
in which the terms or procedures remain undefined or unfinished.
This type of lien is easily vacated or revoked in the case where the applicable judgment no longer applies.
Lien
In law, a lien is a form of security interest granted over an item of property to secure the payment of a debt or performance of some other obligation...
in which the terms or procedures remain undefined or unfinished.
This type of lien is easily vacated or revoked in the case where the applicable judgment no longer applies.