Texas Property Code 53.023 – Payment Secured by Lien
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Terms Used In Texas Property Code 53.023
- Lien: A claim against real or personal property in satisfaction of a debt.
The lien secures payment for:
(1) the labor done or material furnished for the construction, repair, design, survey, or demolition; or
(2) the specially fabricated material, even if the material has not been delivered or incorporated into the construction or repair, less its fair salvage value.