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Terms Used In Idaho Code 45-107

  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Property: includes both real and personal property. See Idaho Code 73-114
An agreement may be made to create a lien upon property not yet acquired by the party agreeing to give the lien, or not yet in existence. In such case the lien agreed for attaches from the time when the party agreeing to give it acquires an interest in the thing, to the extent of said interest.