Which of the following terms describes a legal interest that a lender holds against a property?

A lien refers to a legal interest or right that a lender has against a property, which serves as security for the repayment of a loan or obligation. When a lender extends credit to a borrower, they often place a lien on the property, ensuring that if the borrower defaults on the loan, the lender has a legal claim to the property to recover the owed amount.

This claim can take various forms, such as a mortgage lien, but the overarching concept remains that the lien itself provides the lender with leverage over the borrower through their interest in the property. This mechanism is crucial in real estate transactions, as it protects the lender's investment and represents a legally enforceable interest in the property until the borrower fulfills their financial obligations.

In contrast, a lease creates a temporary right to use and occupy a property, a title represents ownership of the property, and an easement provides a right to use another's property for a specific use. None of these terms convey the same security interest that a lien provides to a lender.