Landlord's lien is or was a lien at common law which a landlord would acquire over the personal property of a tenant to secure the payment of rent and other obligations under the lease. In most US jurisdictions the common law landlord's lien would no longer be available; rather, to the extent that a landlord acquired a lien like the common law landlord's lien, it would be solely pursuant to statute. Oregon and Washington are states in which landlord liens continue to be relevant. Landlords maintain the first lien in these states. This is especially relevant for retailers located in these states.
Famous quotes containing the word landlord:
“The Landlord is a gentleman ... who does not earn his wealth. He has a host of agents and clerks that receive for him. He does not even take the trouble to spend his wealth. He has a host of people around him to do the actual spending. He never sees it until he comes to enjoy it. His sole function, his chief pride, is the stately consumption of wealth produced by others.”
—David Lloyd George (1863–1945)