Building Company adds a warehouse to the property of Corporate Complex, but the owner does not pay. Building files a lien on Corporate's property. The property
A) can be held to guarantee payment of the debt.
B) must be sold to provide payment of the debt.
C) must be returned to the debtor within a certain period of time.
D) none of the choices.

Question

Quizplus · Accepted Answer

A lien allows the creditor to hold the property as security to guarantee payment of the debt.

Building Company Adds a Warehouse to the Property of Corporate