Legal Definitions - lienee

Term: LIENEE

Definition: A lienee is someone who owns property that has a lien on it. A lien is a legal claim on someone's property as security for a debt or obligation. The lienee is not the true owner of the property, but rather an encumbrancer who holds a lien. For example, if someone takes out a mortgage to buy a house, the mortgage company becomes the lienee until the mortgage is paid off.