What action is taken when a lien is placed against a property?

When a lien is placed against a property, it indeed imposes restrictions on that property. A lien serves as a legal claim against the property to secure the payment of a debt or obligation. This means that while the owner can still hold ownership of the property, certain actions may be limited until the lien is satisfied. For instance, the property owner may face challenges in selling or refinancing the property, as the lien must be addressed for these transactions to proceed smoothly.

The purpose of a lien is to protect the interests of the creditor, ensuring they have a legal right to enforce claim over the property if the debt is not paid. This mechanism underscores the significance of liens in the realm of real estate, as they directly impact the owner’s capacity to freely transfer or use their property.