Deception by new right (4)
I believe the answer is:
lien
'right' is the definition.
(I've seen this before)
'deception by new' is the wordplay.
'deception' becomes 'lie' (I've seen this in other clues).
'by' is a charade indicator (letters next to each other).
'new' becomes 'n'.
'lie'+'n'='LIEN'
(Other definitions for lien that I've seen before include "Right to keep property" , "Legal claim on the property of another" , "The right to take property if an obligation is not met" , "Right to a lawyer" , "Sequestration order" .)