Senior Lien Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Senior Lien, written in plain English, along with examples of how it is used.

What is Senior Lien?

(n) When there are different lien on a property, The security interest which has precedence over all other interests in that property is called senior lien. The security interest which can be availed only after senior lien is satisfied is called junior lien.