Answer:
Indicates that there is a lien against the property because it was pledged as security for the debt
Explanation:
A preliminary title report, that lists an existing mortgage on the subject parcel of real estate, indicates that there is a lien against the property because it was pledged as security for the debt.
A lien is the right to keep a property owned by an individual until that individual pays his debt. Since the real estate under mortgage, it must be listed as a lien.
