A legal right whereby a person may prevent another from taking possession of property until the other person has satisfied a liability due to the other person with the lien.
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Whether or not it affects a claim on the policy the Insured must comply with all warranties in the policy. In the event of breach of warranty by the Insured, the Insurer is automatically, discharged from all liability from the date of the breach, but the Insurer remains liable for Insured losses occurring prior to that date.