Agent’s Lien

An agent’s lien, similar to an accountant’s lien, gives the agent the right to hold onto property in order to insure that they receive payment for their services.

The agent’s lien protects an agent from providing services and not receiving payment. To do this, the agent holds onto the property as a type of lien on receiving payment for their services. The property is the only collateral that the agent has to insure payment, and therefore relies on it for this reason.