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Legal Definitions - lien of a covenant
If we desire respect for the law, we must first make the law respectable.
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Definition of lien of a covenant
Definition: The beginning portion of a covenant that states the names of the parties and the character of the covenant.
Example: In a real estate contract, the lien of a covenant would be the section that identifies the buyer and seller, and outlines the terms of the agreement, such as the purchase price and any contingencies.
This definition is important because it helps to establish the legal basis for the agreement and ensures that both parties understand their obligations. By including a lien of a covenant in a contract, it provides a clear record of the terms of the agreement and can be used as evidence in court if necessary.
The only bar I passed this year serves drinks.
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Simple Definition
A lien of a covenant is the beginning part of an agreement that states who is involved and what the agreement is about. It's like the title of a book that tells you what the story is going to be about. A lien is also a legal term that means someone has a right to keep something until they are paid for it. For example, if you borrow money to buy a car, the bank has a lien on the car until you pay back the loan.
Ethics is knowing the difference between what you have a right to do and what is right to do.
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