Nevada Revised Statutes 132.225 – ‘Lien’ defined
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‘Lien’ means a charge upon property for the satisfaction of a debt, including an obligation not satisfied, a judgment, unpaid taxes and an unpaid obligation for materials or labor.
Terms Used In Nevada Revised Statutes 132.225
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.