0
Menu
0

Mechanic's Lien Definition | Becker

Accounting Dictionary

Mechanic's Lien

Under common law, a mechanic who works on property and either improves it or repairs it automatically has a lien on the property for the price of the repair. This is referred to as a mechanic's lien.

Back to Dictionary

Areas of study:

Becker Policies:

Now Leaving Becker.com

You are leaving the Becker.com website. Once you click “continue,” you will be brought to a third-party website. Please be aware, the privacy policy may differ on the third-party website. Adtalem Global Education is not responsible for the security, contents and accuracy of any information provided on the third-party website. Note that the website may still be a third-party website even the format is similar to the Becker.com website.

Continue