Question

Third-party recovery standards for the investigation of liability coverage and the process for filing a lien in a potential liability case vary on federal and state bases. Which of the following is an example of a lien?

1) A mortgage on a property
2) A court order to pay a judgment
3) A document granting someone the right to use another person's property
4) A legal claim against a property to secure payment of a debt

Answer 1

An example of a lien is a legal claim against a property to secure payment of a debt.

Step-by-step explanation:

An example of a lien is option 4) A legal claim against a property to secure payment of a debt. A lien is a legal right or claim against a property as security for the payment of a debt. It allows the creditor to take possession of the property or force its sale in order to satisfy the debt.