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Updated over 4 years ago,
Providing a personal loan - Lien question
Hello - I had a quick question on a situation I am dealing with. I am providing a loan( personal) to a colleague. I want to make sure the loan has some kind of collateral. My colleague is ok with his property being the collateral. My question is whether I can put in a "lien" on the deed / title of his property as a collateral for this loan ?
Thank you.