Lien of foreclosure – this is the form of a lien once the mortgage deed or the mortgage claim has been registered at the Land Register as a burden in favor of the money lender (who is usually a local…

Lien creditor – this term details the legal figure of a creditor who has set up a lien on the debtor’s assets in order to secure payment of their debt. The enforcing a judgment against this property by the legal…

Lien avoidance – this is a term used in the insolvency procedure, where determines a rule that the previously established liens during litigation procedures, are to not to be taken into consideration by the trusted assignee, i.e. these lose their…

Lien – within the Real Estate Law, this term describes a legal burden in the form of a real estate right, established in favor of a creditor, for example a seller, which legal burden remains attached to a property that…

Licensure – this term details the procedure of issuing licenses.

Licensed premises – within the meaning, given by the Property Law, these are for example offices, buildings, shops, etc., that are licensed by the Building Law Authorities to operate as such.

Licensed conveyancer – this term details the figure of a practicing bona-fide property lawyer, registered as a member of the Bar and being bona-fide lawyer, entitled to consult and represent clients via power of attorney.

Licensed agreement – this term is used in the Commercial Law where to detail an agreement, concluded between two companies, to entitle one of them to sell goods or services provided by the other, using their name, trademarks, etc., but…

License – this term details a given legal and voluntary permission to perform an activity or to carry out an act that would otherwise be considered unlawful. A very usual example is when allowing a somebody to pass through your…

Liberal construction – this term refers to a form of construction which allows a judge to consider other factors when deciding the meaning of a phrase or document.