Cowboy Customers - ITV1 10.35pm

Lien is the correct spelling, but it's not a lien that the two parties enter into, it's an escrow agreement.
You're wrong.
Definitions from Consise Oxford Dictionary

lien noun Law : a right to keep the property of another person until a debt owed by that person is discharged.

escrow noun Law: 1 a bond, deed, or deposit kept by a third party until a specified condition has been fulfilled. 2 the state of being kept in this way.

A hire purchase agrrement is a typical example of a lien. The HP company has a lien on the goods until the final payment has been made.

The USA may use the term differently, as in the "mechanics lien", but the proceedure described by WDIK

customer has to deposit the money with an independant, who passes the monies on when the job is complete to satisfaction
is an escrow agreement, as defined above.
 
Im sorry i got the term wrong Im just learning :oops:
escrow yes thats right.


did anyone know, nyfd carry fire arms?
 
Back
Top