(3)法定留置权(statutory lien),指在某一特定条件下,仅仅是因为执行法律而产生 的留置权,类似于对物诉讼。
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A statutory lien is one that is created by an Act of parliament.
法定留置是由议会的法令创设的。
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If the acquired lien remains unpaid after a statutory period, the purchaser generally initiates foreclosure.
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Following the expiration of a statutory period, unpaid tax liens are typically sold at public auction where interested bidders seek to acquire the lien at a favorable interest rate that the delinquent homeowner will pay upon redemption.
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