No. They would need to obtain a judgment lien against you in court and provide proof that you asked them to pay your taxes and promised to pay them back. Otherwise, in Massachusetts, they would be considered a volunteer.
Yes. The lien is a public record which notifies others that a person or company holds a debt instrument where that property was used for collateral. When the debt is paid off, the bank or debt holder has a responsibility to release the lien and provide you notification that the lien has been cancelled.
A mortgage is a lien on the property that is recorded in the land records to notify other creditors or buyers that the property has been put up as collateral for a loan. When the mortgage is paid off the lien must be released by a mortgage discharge recorded in the land records.A mortgage is a lien on the property that is recorded in the land records to notify other creditors or buyers that the property has been put up as collateral for a loan. When the mortgage is paid off the lien must be released by a mortgage discharge recorded in the land records.A mortgage is a lien on the property that is recorded in the land records to notify other creditors or buyers that the property has been put up as collateral for a loan. When the mortgage is paid off the lien must be released by a mortgage discharge recorded in the land records.A mortgage is a lien on the property that is recorded in the land records to notify other creditors or buyers that the property has been put up as collateral for a loan. When the mortgage is paid off the lien must be released by a mortgage discharge recorded in the land records.
A mortgage IS a lien on the property. The bank already has an interest in the property that was perfected as soon as the mortgage was recorded in the land records. If you purchase property that is subject to a mortgage, the mortgage must be paid or the bank will take possession of the property by foreclosure.
A second mortgage already has a lien on the home. If you don't pay the second mortgage they will foreclose and take the home. By paying off the first mortgage you just make it easier for the bank to get their money back out of the property when they sell it.
It means that someone who you likely owe money to has gone to a government office and had alien put on you. That means whateverpiece of property they put the lien on, if it was a car per say, if it was totaled and the insurance paid it, then the lien-holder (the person who put the lien on you) would get the amount of the lien from the insurance before you got the rest of the check.
You really ought to see an attorney because there are several things that don't quite make sense and states vary on borrower and lender rights (you don't even identify where you are). PS if there is a 2nd mortgage then that is already a lien on the property and there would seem to be no need for that lender to put yet another lien on it; all it may need to do is foreclose and that could jeopardize your first mortgage too!
Yes, a lien is put on your home because you have liability and it doesn't matter whether you have mortgage or not.
You need to have an attorney draft a mortgage and record it in the land records in order to create a lien on the property.You need to have an attorney draft a mortgage and record it in the land records in order to create a lien on the property.You need to have an attorney draft a mortgage and record it in the land records in order to create a lien on the property.You need to have an attorney draft a mortgage and record it in the land records in order to create a lien on the property.
If the "line of credit' is in the form of a mortgage recorded in the land records then the lender can foreclose and take possession of the property. If it's not a mortgage then the creditor can seek a court judgment and if successful can then record a lien against your property. The property can't be mortgaged or sold until the lien is paid. If not paid and if the lien is for a substantial amount the creditor can sieze the property and sell it in most jurisdictions.
The mortgage company can not add another property to your existing note without you signing for it. If they have placed a lien on your property you can go to court and make them remove it. Pull your Mortgage or Deed of Trust (depending on what state you are in) and look at the addresses on it. If it does not show the second property, then they have no legal right to put a lien on it. I would go to the closing agent (title company or attorney) that originally searched the title to your property and ask them for help. in some states if you had a foreclosure on another property, the first lender can place a lien on a new property that you have bought, if that is what you are talking about.
If you owe a debt to an attorney a judgment lien must be obtained through a court process. If the attorney is successful, the lien will be issued and will be recorded in the land records. You will not be able to sell or mortgage your property until it is paid.
If the credit card company who put the lien on your property won a lawsuit - making it a judgement, then the charges never go away. When you sell the property, the first monies you get will go to them.
If your sued and your creditors receive a judgment they can put a lien on your property.