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Can a lien be placed on a house that is in a trust in Massachusetts?
Wiki User
∙ 17y ago
If there were improvements made on the home or a loan taken out against the property, and they person/company goes through the proper steps, yes. The property being in trust does not affect that ability.
Wiki User
∙ 17y ago
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How do you file a lien on a house that is in a trust in Massachusetts?
Yes, a lien can be filed on a piece of real property, regardless of the owner. However, the reason for the lien has to be directly related to the actual owner or the property itself. i.e., if a trust owns a house and I live in the house, and you have a judgement against me, there is no attaching a lien on the house for my debt.
Can a collector put a lien on your house in California?
Yes, but only after they sue you and win a judgment against you.
How long can a lien be placed on a house or other asset due to an unpaid medical bill?
A judgment lien is good for around 20 years in most jurisdictions. It must be rerecorded every six years in Massachusetts.
Would i be contacted if I have a lien against my house?
You would be aware if a lien is placed on your property. You should receive notice and a copy of the lien.
Can child support in Massachusetts seize or put a lien on a house even if the house has two owners?
Yes they can.
Can interest be charged once a lien is placed on property?
Yes, depending on the type of lien. Judgment liens accrue interest at a statutory rate. In Massachusetts that rate is 12%.
How do you put a lein on a business?
A lien is usually created on something when someone has used that something as collateral. Ex. A house that has been paid off can have a lien placed on it by taking a out a home equity loan. The house is now used as colateral. The lien is placed by the loan institution. Hope this helps.
Can the same financial institution transfer a lien on a house in Florida that I sold to a house that I bought in Georgia?
They have to have permission from the courts or judge to have a lien placed on the property. It won't automatically transfer to another house.
Can a lien be placed on a house for a personal loan to pay off a debt?
If you have equity, yes
Can a lien be placed on a house that you own?
Absolutely, it would have to be satisfied or released when and if the home was ever sold.
How does one sell his or her home on which the IRS has placed a lien?
To sell your home, you put a FOR SALE sign out front. If the value of the lien is less than what you will get out of the house, then when you sell the house and pay off the lien, you get the rest of the money. If the lien is for more than the house is worth and you are ready to move elsewhere, you hand the keys to the IRS and say. "Here, have fun. It is all yours." At that point you owe more on the house than the house is worth.
What if property is paid in full and there no mortgage Can HOA still put a lien for non payment of fees?
A lien can be placed upon any property if first, there is a judgment. You first have to have a judgment, where a debt is actually proven in a court of law, leaving a judgment. THen, if not satisfied, they certainly can lien your house. Anyone holding a judgment that is not satisfied can lien your house.
