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Can a company file a mechanics lien against your property if the builder of your barn owes them money?
Wiki User
∙ 9y ago
Yes, a company can file a mechanics lien against property if the builder of the barn owes them money. This can be a nightmare. To get rid of the lien, a property owner might have to pay the lien holder and then sue the builder for return of funds. This tactic is not fair to the property owner because, if the builder was already paid for the barn, the property owner now has to pay double.
Wiki User
∙ 9y ago
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In finance what are the mechanics and procedures of a buyout?
There are many mechanics and procedures when buying out in finance. These buyouts are when a company purchases another company's assets and they uses those assets against them.
What are the complaints against cr property group real estate?
None. Great company!!
Can you file a lawsuit against a company when you have fallen on their property?
yes as long as it had something to do with them or there stuff
Can a lien be placed on a new home by a private company?
This has a lot of senerios. The first of which is, "what state do you live in?" In Minnesota we call them Mechanics Liens. The catch with them is that they MUST have sent a Pre-lien Notice to the homebuyer/builder prior to or within 10 days of work being started at the property. This is all assuming the "private company" you are refering to is a subcontractor or worker that did work on this new home. Look to your state for help on this one. Hope this helps.
Can you bid on your own property at absolute auction?
Yes you can. BUT the bank/mortgage company will enter a bid equalling what is owed against the property.
Can personal property be levied when a judgment is placed against you for credit card deliquency?
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Can a credit card company put a lien against your property in North Carolina?
Yes, if they file suit and receive a judgment the creditor can execute the judgment as a lien against the debtor's property.
Can a credit card company file a judgment lien against your house if there is no equity in the property?
Yes.
What did Bruce ismay have to do with the titanic?
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Can a telephone company attach lines to your property without your permission?
If the telephone company has a recorded easement against your property, they may install telephone lines to the extent allowed by the easement. You can find out whether there is such an easement against your property by looking in the title insurance policy you received when you bought your property. If you see a telephone easement listed, you can get a copy of it at your county courthouse. If you don't see any telephone easements in the policy, or have questions about the extent of such easements, call the title insurance company.
Do you need title insurance if you are paying cash for a brand new home?
When paying cash for a new home, there are no regulatory laws that providing that you MUST purchase Owner's Title Insurance. However, an Owner's Policy protects you against liens and title defects that might have occurred during previous ownerships. A comprehensive title examination should always be performed to support the title policy. What if the builder of your new home never paid off a mechanic's lien against the property and it was never paid? Liens affect the property, not the previous owner. If the builder refused to pay the lien amount after the closing took place, you would have to either sue the builder or pay the lien and then sue the builder. If you had an Owner's Policy, the title insurance company would be required to defend the claim in court - all for the one-time fee you paid for the policy. It is a low cost, one-time fee insurance that is in effect for the lifetime of your ownership, whether you own the property for 1 year or 100.
What is proof can i use for a title company that a judgment has been paid?
A letter from the collection company or creditor who reported it or a lien release form if the judgment was placed in lien against property.
