Question

In most states, when a bailor refuses to provide the agreed-on compensation to the bailee, the bailee may ultimately sell the property after proper notice and a hearing. In order to enforce the right to sell the property, the bailee is given a _____ on the property.

Answer 1

The bailee is given a possessory lien on the property.

Explanation:

In such cases, the bailee is given a possessory lien on the property.

A possessory lien is a type of right for the creditor, under which the creditor has the right to remain in possession of a property until the debtor or payee has completely paid off he debt.

A lien is a security claim that a person (creditor) has over the property of another one (debtor) in lieu of the given debt.