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Your name is on the loan but not on the deed can they put a lien on your house?
Wiki User
∙ 15y ago
yes you can put a lien on anythig but if you are on the deed you are an owner,so yes u can put a lien on the house * It might be possible to sue the joint owners (not a spouse) and is a judgment is awarded place a lien against their share of the propery. It depends upon how the property is titled, (Joint Tenants, Tenants in Common, Joint Tenants With Rights Of Survivorship). Nevertheless, taking such action makes no sense whatsoever, the joint owner would be attaching his own property share as well as that of the other(s). A lien encumbers the property it cannot be sold, refinanced, transferred, borrowed against or in any manner distributed until the lien is satisfied. If the purpose is to recover a debt owed by one of the joint owners the better option is to sue in for a monetary judgment, thereby avoiding all the problems that are associated with attaching a lien, perfecting it, forced sale issues and so forth.
Wiki User
∙ 17y ago
Wiki User
∙ 15y agoYes, if you're obligated under the loan there is typically a pledge of assets or a security agreement that reaches something of value, thus permitting the lender to collect its money directly rather than suing you for default. You could have a lien placed on anything you own or just about any source of income (wages, rental income, stock dividends, tax refunds, etc).
You should look into Homestead Act, in Massachusetts, you can claim a house as a homestead, as long as it's value is below $500,000, and you live there. This would protect your home from having a lien put onto it in order to satisfy a personal debt. Clarification: I have seen many cases where a married person is the sole owner of real estate and the lender requires their spouse to also sign the mortgage, especially in the cases where the sole owner is a woman. If the non-owner spouse has a judgment entered against him, it will not attach to the real estate individually owned by his wife.
Wiki User
∙ 15y agoIf you are not the record owner of real estate and a lien has been recorded against you in the land records it would not be a lien against the real estate. However, there may be other factors involved if you are calling it your home and also saying you are not the owner. If you conveyed the property to avoid a creditor it may still be able to attach the property. You may need to seek the advice of an attorney. Once a judgment is issued the interest begins to accumulate.
Wiki User
∙ 14y agoFirst you would need a legitimate reason to make a claim against the owner. You would need to bring an action in a court of jurisdiction and provide the judge with the proof of your claim. If the judge agrees the court will issue a judgment lien that can be recorded in the land records. The land cannot be sold or mortgaged until the lien is paid.
Wiki User
∙ 12y agoIf someone recorded a lien against your real property it includes the house since it is attached to the real property. When you are the grantee in a deed for real property you get the land and anything permanently attached to it.
If someone recorded a lien against your real property it includes the house since it is attached to the real property. When you are the grantee in a deed for real property you get the land and anything permanently attached to it.
If someone recorded a lien against your real property it includes the house since it is attached to the real property. When you are the grantee in a deed for real property you get the land and anything permanently attached to it.
If someone recorded a lien against your real property it includes the house since it is attached to the real property. When you are the grantee in a deed for real property you get the land and anything permanently attached to it.
Wiki User
∙ 12y agoIf someone recorded a lien against your real property it includes the house since it is attached to the real property. When you are the grantee in a deed for real property you get the land and anything permanently attached to it.
Wiki User
∙ 15y agoNo. They can only place a lien on your bank account. If your name isn't on the deed or mortgage they can't touch it.
Wiki User
∙ 9y agoA company cannot put a lien on a house if you do not own it. In the court's eyes, that is not your property and therefore a lien cannot be attached.
Wiki User
∙ 14y agocan a lien be placed on my home based on a family members credit card debt?
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In ohio if i sign a quick claim deed to land and a house when my name is on the loan what exactly does this mean for me?
In Ohio, signing a quick claim deed to land and a house when your name is on the loan will still make you legally responsible for the loan.
In ohio if i sign a quick claim deed to land and a house when my name is on the loan what exactly does this mean for me-?
In Ohio, if you sign a quick claim deed to land and a house when your name is still on the mortgage loan, you will still be responsible to the bank.
Can my husband's ex-wife file a lien on my house when he is unable to pay spousal support after eight years?
If his name is on the deed, yes
Your name is on the loan but not on the house deed what happens when you get divorced?
You still owe your part of the loan. Are you sure you are not listed on the deed? Check that out. You could possibly get part of the equity in the house if it is sold that could pay off your part of the loan. Go get a good lawyer. I had a bad one and didn't get the equity I deserved.
My step-son bought a house and your deceased husband has is name on the loan they put the house up for collateral the house is in foreclosure. The deed is joint tentancy. Will i be responsible.?
since the deed is in joint tenancy,to my understanding, the deceased name will come off the property once the death certificate is recorded in that county for the deceased,if I am understanding the question right.If the house is in foreclosure,the first person with the first lien against the property will be paid first at the time of the actual sale of the property.
Can a lien be removed if you take your name off the deed in Michigan?
The only way to remove a lien is to pay it off and get a release.
When you refinance a house as a co-borrower can you take your name out of the loan?
Only if the borrower qualifies on his own and the bank allows it. You will also have to be removed from the deed.
My wife and my name are on the mortgage deed for our house and there is a lien on my name can i do a quit claim deed transfer to get my name off and therefore the lien not able to follow the house?
I assume you mean you are both on the deed to your property. Don't quitclaim your interest unless you speak to a lawyer. You may create more trouble for yourself. If the debt was for goods or services that benefitted both of you the creditor might still have a claim. It may be found to be a fraudulant conveyance to avoid a creditor. If you convey your interest you would lose any protection you may have under a tenancy by the entirety.
Does your name on the the deed mean you own the the house?
Not necessarily as you could have used the deed as security against a loan and the person lending you the money can take the house from you if you fail to meet the loan repayments. (They will usually hold the deed for you while you owe the money). Also it is best to check with the land registry to see who the government thinks owns the house. As in may countries deeds are being replaced by official property register databases.
I inherited my dad's house when he passed away do I have to change the deed into my name if I'm not going to sell it for a few years I am the only survivor.?
Unless the deed is in your name, the house technically is not legally yours. If someone were to contest the will, you would have to fight this battle in court. This also means that if you pass away, the house would revert to probate rather than going to the person in your will. You will also need your name on the deed in order to get a loan on the property or sell the property, so it is a good idea to have your name on the deed.
Is a house considered joint marital property in TeXAS if one name was never put on the home loan papers or deed?
the mortgage would not valid
How can you remove a co-borrower from a deed?
By refinancing the loan in your own name.
