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Definition of Blanket lien
1. Noun. (legal) A lien that gives the lienholder the entitlement to take possession of any or all of the lienee's real property to cover a delinquent loan. ¹
¹ Source: wiktionary.com
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1. Noun. (legal) A lien that gives the lienholder the entitlement to take possession of any or all of the lienee's real property to cover a delinquent loan. ¹
¹ Source: wiktionary.com