Terms Used In New Jersey Statutes 2A:44-164

  • Lien: A claim against real or personal property in satisfaction of a debt.
The lien created by this article shall be paramount to the title, lien, interest or encumbrance of the owner, when the owner or his representative, if his interest is prior in time to that of the processor, shall have consented or authorized the acquiring of possession of the property by the processor. Such consent may be inferred from a course of business or dealings or otherwise.

The paramount right of the processor shall not be surrendered or waived except by express written agreement between the parties involved.

L.1951 (1st SS), c.344.