A legal claim against a property used as security for a debt. Liens arise from unpaid mortgages, property taxes, contractor work, or court judgments. Undiscovered liens can eliminate an apparent purchase discount on distressed properties.
Related Articles
- Accounts Receivable Factoring: Cash Today, Not 60 Days
Turn unpaid invoices into same-day cash with accounts receivable factoring in Canada. Costs, approval speed, and when factoring beats traditional bank loans.
- Basement Storage Rentals: $500-$1,500/Month Extra Income
Turn unused basement space into $500-$1,500/month with storage unit rentals. Low setup cost, minimal management, and high returns for Canadian landlords.
- Belleville Real Estate Investing: 401 Corridor Guide
Explore Belleville real estate investing on the 401 corridor. Affordable Ontario market between Toronto and Ottawa with strong cash-flow potential.
- Building Permits for Investors: Canadian Guide
Essential guide to building permits for property investors. Learn when permits are required, the approval process, and how to avoid costly compliance mistakes.
- Foreclosed Properties Canada: Investor's Guide to Finding Deals
Learn how to find and buy foreclosed properties in Canada. Pre-foreclosure, auction, REO strategies with financing tips and due diligence checklist.
- Investing in Cambridge, Ontario: The Tri-Cities' Affordable Entry Point
Explore Cambridge, Ontario as an affordable real estate investment opportunity within the Waterloo Region tech corridor and Tri-Cities area.
← Mortgage & Real Estate Glossary 2026 · Editorial standards