A resident ambassador. … [Read more...] about LIEGER, OR LEGER
L
LICIT
Lawful, permitted, not forbidden. Also spelled licet. … [Read more...] about LICIT
LIEGES, OR LIEGE PEOPLE
Subjects. … [Read more...] about LIEGES, OR LIEGE PEOPLE
LICITACION
In Spanish law. The offering for sale at public auction of an estate or property held by co heirs or joint proprietors, which cannot be divided up without detriment to the whole. … [Read more...] about LICITACION
LIEN
The legal right of a secured creditor to forcibly take secured property if the debt isn't paid, usually that financed the property itself. Liens are also commonly referred to as security interests and common examples include mortgages, home equity loans, auto loans and any other type of loan where property is pledged as a guarantee repayment. A mechanic's lien may be filed by a … [Read more...] about LIEN
