contract lien
简明释义
约定留置权
英英释义
例句
1.Before starting the project, the builder informed the client about the possibility of a contract lien if payments were not made on time.
在开始项目之前,建筑商告知客户如果未按时付款可能会产生合同留置权。
2.To avoid a contract lien, it is crucial to keep track of all payments and contracts with service providers.
为了避免产生合同留置权,务必跟踪与服务提供商的所有付款和合同。
3.The contract lien served as a reminder that the contractor had not been compensated for their work.
这个合同留置权提醒人们承包商尚未获得他们工作的报酬。
4.The contractor placed a contract lien on the property after the homeowner failed to pay for the renovations.
由于房主未支付装修费用,承包商在该物业上施加了合同留置权。
5.She was surprised to find a contract lien on her house, which she had no idea was placed by the contractor.
她惊讶地发现她的房子上有一个合同留置权,她对此完全不知情,是承包商施加的。
作文
In the realm of business and finance, understanding legal terms is crucial for both individuals and companies. One such term that often arises in contractual agreements is contract lien. A contract lien refers to a legal right or interest that a lender or service provider has in the property of a borrower or client until the debt owed by that borrower or client is paid off. This concept is particularly important in various industries, including construction, real estate, and personal loans.To illustrate the significance of a contract lien, let us consider the construction industry. When a contractor completes a project, they often expect to receive payment for their services. If the client fails to pay, the contractor can place a contract lien on the property where the work was performed. This means that the contractor has a legal claim against the property, which can prevent the owner from selling or refinancing it until the debt is settled. This mechanism protects the contractor's interests and ensures that they are compensated for their labor and materials.Moreover, a contract lien serves as a powerful tool for enforcing payment. It creates a sense of urgency for the debtor to settle their obligations, knowing that their property is at stake. In many jurisdictions, the mere existence of a contract lien can motivate clients to fulfill their financial commitments promptly. This is particularly relevant in situations where cash flow may be tight, and clients might otherwise delay payments.However, it is essential to understand that the laws surrounding contract liens can vary significantly from one jurisdiction to another. Some areas have strict regulations regarding how and when a lien can be placed, while others may have more lenient rules. Therefore, it is advisable for both contractors and clients to familiarize themselves with local laws to avoid potential disputes.In addition to construction, contract liens are also prevalent in real estate transactions. For instance, if a homeowner takes out a mortgage to purchase a property, the lender typically places a contract lien on that property. This lien gives the lender the right to take possession of the property if the homeowner defaults on the loan. It acts as a safeguard for the lender, ensuring that they have a claim to the property until the debt is repaid in full.In conclusion, a contract lien is a vital legal concept that plays a significant role in protecting the rights of creditors and service providers. Whether in construction, real estate, or other financial transactions, understanding how contract liens work can help parties navigate their obligations and rights effectively. By being aware of the implications of a contract lien, both lenders and borrowers can engage in more informed negotiations and foster healthier business relationships. Ultimately, knowledge of this term can lead to better financial practices and a clearer understanding of one's legal standing in various transactions.
在商业和金融领域,理解法律术语对个人和公司来说至关重要。其中一个经常出现在合同协议中的术语是合同留置权。合同留置权是指贷方或服务提供者在借款人或客户的财产上拥有的法律权利或权益,直到该借款人或客户所欠的债务偿还为止。这个概念在建筑、房地产和个人贷款等多个行业中尤为重要。为了说明合同留置权的重要性,让我们考虑一下建筑行业。当承包商完成一个项目时,他们通常期望为自己的服务获得报酬。如果客户未能支付,承包商可以在施工地点的财产上施加合同留置权。这意味着承包商对该财产拥有法律索赔,这可能会阻止业主在债务结清之前出售或再融资该财产。这一机制保护了承包商的利益,确保他们获得劳动和材料的补偿。此外,合同留置权作为强有力的工具来执行付款。它为债务人创造了紧迫感,促使他们结清义务,因为他们知道自己的财产处于危险之中。在许多司法管辖区,合同留置权的存在本身就可以激励客户迅速履行财务承诺。这在现金流紧张的情况下尤其相关,客户可能会拖延付款。然而,了解有关合同留置权的法律在不同司法管辖区之间可能会有显著差异是至关重要的。有些地区对如何以及何时可以施加留置权有严格的规定,而其他地方可能有更宽松的规则。因此,建议承包商和客户熟悉当地法律,以避免潜在的争议。除了建筑外,合同留置权在房地产交易中也很普遍。例如,如果房主为了购买财产而申请抵押贷款,贷方通常会在该财产上施加合同留置权。这一留置权赋予贷方在房主违约时对该财产的占有权。它作为贷方的保障,确保他们在债务完全偿还之前对财产拥有索赔权。总之,合同留置权是一个重要的法律概念,在保护债权人和服务提供者的权利方面发挥着重要作用。无论是在建筑、房地产还是其他金融交易中,了解合同留置权的运作方式可以帮助各方有效地处理各自的义务和权利。通过意识到合同留置权的含义,贷方和借款人可以进行更明智的谈判,并促进更健康的商业关系。最终,对这个术语的了解可以导致更好的财务实践,以及对在各种交易中自身法律地位的更清晰理解。
相关单词