lienor


Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia.
Related to lienor: Liens

lienor

n. a person who holds a lien on another's property or funds. (See: lien)

References in periodicals archive ?
(50) Most importantly, a lienor is defined as a person (51) who is a contractor, subcontractor, sub-subcontractor, laborer, or a material-man (52) entitled to record a claim of lien against an owner's property and who contracts with the owner, a contractor, a subcontractor, or a sub-subcontractor.
Once the transfer has taken place, the clerk is required to record a certificate evidencing the transfer and mail a copy of it to the lienor whose lien was transferred.
There are three new documents (and concepts) lienors need to be familiar with, which were not part of the pre-existing lien law.
Finally, in 2005, (21) it was amended into its current form to add protection of lien and bond rights of "other parties" (such as downstream lienors), and to remove any defense of a surety that a bonded contractor was unlicensed.
Where the property is sold while the subcontractor has begun work but before the lien certificate must be filed, the purchaser of the property is subject to the lien only if the lienor filed a certificate of lien with the registry of deeds.
While a mechanic's lien is created by operation of law upon the furnishing of labor or materials to the owner, in order to enjoy the protection of the statute, the lienor must file and serve a document called a "notice of lien." The requirements of the notice are set forth in Lien Law [section] 9 and are discussed below.
In addition, various "demands" have been added to this law which, if made by the owner but unmet or unanswered, can have an adverse effect on a lienor's ability to recover from the owner.
It is clear, then, that mortgagees or other lienors will have priority over defaulting mortgagors when it comes to distribution of the surplus.
If the owner fails to make proper payments, he or she may face duplicate payment applications from lienors giving notice who may validly lien the project--even though the owner has already paid the general contractor in full.
In addition, nothing prohibits this request from being sent by the lienor even after litigation begins, and the lienor's request is actually an expeditious way to obtain the identified information.
greater; when the holder of a lien acquires the estate of the lienor,
Winokur, Meaner Lienor Community Associations: The "Super Priority" Lien and Related Reforms Under the Uniform Common Interest Ownership Act, 27 WAKE FOREST L.