Nadine has taught nursing for 12 years and has a PhD in Nursing research. In this lesson, you'll learn the definition and characteristics of a scientific theory and understand how theories are formulated. You'll see examples of scientific theories, and after the lesson you can test your knowledge with a brief quiz.
A vendorâs lien is a claim held by a seller on either personal property or real estate, allowing the seller to repossess the property under certain circumstances. It most commonly kicks in when a buyer has fallen behind on payments relating to the property.
A lien is a legal claim on a property that allows the lienholder to take possession of the property if certain conditions aren't metâif the money for that property isn't paid, for instance.Houses and cars are types of property that often have liens placed against them.imilarly, lending companies file liens when someone finances a car purchase. The company actually owns the car until it's paid off, so they file a lien on it to ensure that the car owner pays off the balance. When the car is paid off, the lien is removed. Liens are also filed when someone can'tâor doesn'tâpay a debt.