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Terms Used In Indiana Code 24-4.4-3-101

  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
   Sec. 101. This chapter shall be known and may be cited as the First Lien Mortgage Lending Act – Administration.

As added by P.L.145-2008, SEC.20.