The Occupational Safety and Health Administration has had a long and embattled existence. Even before OSHAâs creation, the idea of stricter federal regulations over workplace safety sparked considerable opposition from businesses.
In short, the lien holder is the person who owns control of the loan (and actually the vehicle) until you pay it off or it gets repo'd and sold. If the question is who is a lien holder with a financed auto then the answer is usually: the party who loaned the debtor the money, that is, the bank or lender. For example, if you financed a Hootieville ZX through Holeinwall Bank, then the good people at Holeinwall are the lien holders on your financed vehicle.
DEFINITION of 'Lien Waiver'. A document from a contractor, subcontractor, supplier or other party holding a mechanic's lien stating that they have been paid in full and waiving future lien rights to the disputed property. Generally, there are four types of lien waivers:ust as a mechanic's lien can be a great aid to those seeking payment for services rendered, a lien waiver can be a lifesaver for owners that have made full or partial payments.