A search through public records on file in both the County Clerk's and Secretary of State's offices for any claims (pledges) against the property of a business (such as their accounts receivable) or an individual. An example would be if a taxing authority has a lien against the accounts receivable of a business due to taxes owed.
Other terms explained in the Business Loans Glossary
Business Loans Glossary: Lien Search
Business Loans Glossary: Lien Search
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Article Id: 92 - Version: 3 - Created: 25-02-2008 - Last Updated: 26-03-2008 - Hits: 458
Categories: Glossary
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