Aircraft Lien
/ˈɛər.kræft liːn/
Definitions
- (n.) A legal claim or encumbrance on an aircraft to secure payment of a debt or obligation related to the aircraft.
The mechanic filed an aircraft lien to ensure payment for repairs.
Forms
- aircraft lien
- aircraft liens
Related terms
See also
Commentary
An aircraft lien often arises from repair, storage, or service agreements; ensure specific statutory provisions and federal regulations are consulted as they vary by jurisdiction and type of lien.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.