Results for: How_is_a_lien_different_from_mortgage_under_transfer_of_property_act

In Home Equity and Refinancing

How do you find out if there is a mortgage lien on a property?

Answer . You can try to search the title history to your house manually at the local county recorder's office. However, you can also contact a title company a purchase a p (MORE)
In Loans

Is a mortgage a lien?

The answer to your question is yes. A mortgage is a lien against real estate. Generally, there are two different categories of mortgages in the US. A mortgage in a lien the (MORE)
In Law & Legal Issues

How do you put a lien on property under construction?

Answer . Many states require that you be a licensed contractor WITH a business license. Then you need to fill out the paperwork and have it recorded at the county recorder (MORE)
In Loans

What is a mortgage lien?

Answer . Mortgage Lien - Is a legal claim against a mortgaged property that must be paid or assumed when the property is sold. The person who has the lien on the property (MORE)
In Repossession

How do you get a judgment to act as a lien against someone's property?

Answer . Trying to do something without a lawyer, eh? You have to file an affidavit or other document with the court that issued the judgment saying the judgment has not b (MORE)
In Business & Finance

How can I research if a piece of property has a mortgage lien on it or not?

Answer . check the registry of deeds for the county in which the property is located. You'll need to know the owners name (Grantee) to search - or if you know the prior ow (MORE)
In Mortgages

What is the difference between lien and mortgage?

A lien is a right or interest in real property that a creditor has until a debt or some other interest in real property is satisfied. When the debt is paid the lien is release (MORE)
In Loans

What are the nine exemptions that allow the transfer of title to property with a mortgage without the prior written consent of the lender under the Garn-St. Germain Depository Act?

(1) the creation of a lien or other encumbrance subordinate to the lender's security instrument which does not relate to a transfer of rights of occupancy in the property;(2) (MORE)
In Loans

Can part of property be sold under mortgage?

The property is subject to the mortgage. In order to sell a portion free and clear of the mortgage you would need to obtain a partial release from the bank. The partial releas (MORE)
In Loans

Can they put a lien on your property if your paying a mortgage on it?

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, (MORE)
In Uncategorized

Section 41- transfer of property act?

It deals about the rights available under indian transfer of property Act for transfers made by ostensible (not real)owner for the transferees.Means that though the ostensible (MORE)
In Loans

I have a second mortgage on my property in my deceased husband's name the first mortgage is in mine can a bank with a second mortgage put a lien on my property if it is not paid?

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 y (MORE)
In Credit and Debit Cards

If I transfer my property to a child can a credit card company put a lien on the property?

That will not always work. If you have a judgment against you for a credit card debt, and if you received that judgment while you owned real property in that jurisdiction, the (MORE)
In Civil Lawsuits

What is the difference between a lien on property and lien on a person's name?

You have asked an interesting question. Briefly: There are numerous different types of liens in law. Some occur voluntarily when a property owner places their property as sec (MORE)
In Repossession

Does a judgment act the same as a lien when you sell real property?

When a judgment is recorded in the land records it becomes a judgment lien against the debtor's real property. That property cannot be sold or mortgaged until the lien is paid (MORE)
In Mortgages

What form needs filed to put a mortgage lien on a property?

Generally a mortgage should be executed however mortgages take different forms in different jurisdictions. You should consult with an attorney in your jurisdiction. You would (MORE)
In Mortgages

Can you transfer property with an outstanding mortgage by deed before a lien is placed on the property?

You could, but I wouldn't recommend it, at least certainly not without a written disclosure of the pre-existing lien. Depending on when the new deed is recorded, the mortgage (MORE)
In Loans

How can you get an IRS tax lien off a property that you hold a mortgage on if your mortgage pre dates a tax lien for the person who financed?

The tax lien must be paid to remove it from the property. If you foreclose on the mortgage the tax lien would be a junior lien, however, the IRS has a right of redemption. If (MORE)
In Liens

What are the different types of property liens?

The different types of property liens are Judgement liens, property tax liens, IRS liens, child support liens, mechanic's liens and family law real property liens.