Property Ownership
A lien is best described as a:
ATransfer of ownership
BClaim or encumbrance against a property as security for a debt or obligation✓ Correct
CRight to cross another's land
DRestriction on the use of the property
Explanation
A lien is a legal claim against a property that secures the payment of a debt or fulfillment of an obligation. Common liens include mortgages, property tax liens, mechanic's liens, and judgment liens. Liens can affect the owner's ability to sell or refinance.
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