Liens are a legal specialty and best practices dictate that you work with association counsel to file the proper lien, properly, to maximize the association's chances that it can recover money from this action.
An improperly filed, improper lien may afford the debtor defense against your claim.
As long as it is legal and you have no liens on it.
A homeowners' association would file a labor and materials lien entitled Assessment Lien. See the HOA covenants for more information on liens. I would recommend that the HOA retain a real estate attorney to prepare and file the liens.
Liens cloud the title to the condominium, meaning that the property owner owes a debt based on that property which must be paid in order to clear the title. Liens are also public record and may appear on owners' credit reports.
Liens are a legal specialty and best practices dictate that you work with association counsel to file the proper lien, properly, to maximize the association's chances that it can recover money from this action. An improperly filed, improper lien may afford the debtor defense against your claim.
Yes. One of the debts will be subordinate to the other, but you can have multiple liens on property.
If the property is subject to active liens, generally the devisee will acquire the property subject to those liens.
If a homeowner is part of a homeowners association (HOA) and they are not paying their dues or assessments, the HOA typically has the right to place a lien on the property. This means that if the homeowner sells the property, the HOA will be entitled to collect the unpaid dues from the proceeds of the sale. Additionally, the HOA may take legal action, such as filing a lawsuit, to recover the unpaid dues.
Filing a lien on an owner's title is a specialized action that is best performed by an attorney schooled in common interest communities. Filing the wrong lien, improperly, will jeopardize the association's standing in the matter.
Association assessments and liens against them are very specific in their legal attributes. Best practices dictate that you work with association counsel to file the proper lien, properly. There are many types of liens and several ways to file them. A mis-filed, inappropriate lien can give the owner a valid defense against the lien.
Yes, if you own the property outright with no liens or other interests.Yes, if you own the property outright with no liens or other interests.Yes, if you own the property outright with no liens or other interests.Yes, if you own the property outright with no liens or other interests.
If the liens predate the lease then the property will likely be sold to satisfy the creditors.If the liens predate the lease then the property will likely be sold to satisfy the creditors.If the liens predate the lease then the property will likely be sold to satisfy the creditors.If the liens predate the lease then the property will likely be sold to satisfy the creditors.
Yes. The liens are attached to the property. You should insist that the liens be paid before the transfer.