Mortgages
Home Equity and Refinancing
Liens

Can a lien be placed on a subcontractor if they do not own a home?

434445

Top Answer
User Avatar
Wiki User
Answered
2006-08-02 20:18:30
2006-08-02 20:18:30

Yes, you are entitled to place a mechanic's lien on a subcontractor (regardless of property ownership) or you can opt to file a claim in small claims court. Just remember to file the paperwork properly or contact a lawyer who specializes in this type of work.

001
๐ŸŽƒ
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0
User Avatar

Related Questions


Absolutely, it would have to be satisfied or released when and if the home was ever sold.


Yes alot of subcontractors own homes.


You will have to pay off the lien at the time you sell the home you live in. If you apply for a loan based on the house as collateral, then the lien will be taken into consideration. I am not sure if your mortgage company is going to recognize the lien as being in first place should you also default on this home, or if there will be other issues with them.


It depends on how they hold title and the basis for the lien.It depends on how they hold title and the basis for the lien.It depends on how they hold title and the basis for the lien.It depends on how they hold title and the basis for the lien.


A lien can be put on the property if he has a debt that is owed. If he doesn't own the house, a lien can still be placed on the property. The property has its own value and so does the house.


Mechanic's lien- no.Mechanic's lien- no.Mechanic's lien- no.Mechanic's lien- no.


Answer Lein on propertyIf you have a legal judgment against someone, you can put a sheriff's lien on anything they own(home/car/paychecks) etc.


If you have paid off your mortgage and do not have a lien on the home you are not required to have insurance in most placed. But only a fool would not have basic homeowners insurance even if they were not required to. What if your home burns down?



Answer lien on car?i let someone borrow 1100.00. he doesn't own a home. and he has a cr with a loan on it. can i put a lien on the car??


Each type of lien has its own statute of limitations. It depends on the type of lien.Each type of lien has its own statute of limitations. It depends on the type of lien.Each type of lien has its own statute of limitations. It depends on the type of lien.Each type of lien has its own statute of limitations. It depends on the type of lien.


No, a Lien holders "Single Interest" insurance policy, only covers the lien holders interest in the property, not the interest of the previous owner or foreclosed buyer. When a lien holder places it's own policy on a foreclosed or otherwise uninsured home it means that the buyer chose not to have insurance. The Lien Holder has placed the coverage to protect it's own interest. This type of policy is also referred to as "Single Interest Policy".


Yes, as long as you live in that home; however, the State will file a lien on the home to recover medical expenses. The lien is enforceable when title is transferred to new owner(s).


There are different types of tax liens (IRS, county, state). I'll assume you have an IRS lien. A lien against your residence will prevent you from refinancing the existing home unless you get the IRS to approve a subordination. This means they agree to allow a mortgage company to take a priority position on the title of the home, in front of the tax lien. If you do not own a home, or are referring to a purchase, and the tax lien is against all your personal property, the lender will likely require that it be paid or otherwise satisfied. Before the credit and housing crash it was difficult to obtain financing with a lien against your property (think about a mortgage company considering loaning on a home that they have reason to know may have a lien placed against it by the IRS once you own it) but now it would be far more difficult with the pull back in underwriting requirements.


A person might place a lien on their own home if they were misinformed. The lien would be null and void. For a creditor, a lien creates an equitable interest in real property owned by another party. That other party owns the legal interest in the property. If a peron who owns the legal interest in property recorded a lien the two "interests" would "merge" in that same person and the lien would be nullified.


Liens are not placed on loans. Liens are placed on the property that secures the loan. If a co-signer who does not own the property secured by the loan is sued for default, the lender could obtain a judgment lien and then use it to take any property owned by that party to satisfy the debt.Liens are not placed on loans. Liens are placed on the property that secures the loan. If a co-signer who does not own the property secured by the loan is sued for default, the lender could obtain a judgment lien and then use it to take any property owned by that party to satisfy the debt.Liens are not placed on loans. Liens are placed on the property that secures the loan. If a co-signer who does not own the property secured by the loan is sued for default, the lender could obtain a judgment lien and then use it to take any property owned by that party to satisfy the debt.Liens are not placed on loans. Liens are placed on the property that secures the loan. If a co-signer who does not own the property secured by the loan is sued for default, the lender could obtain a judgment lien and then use it to take any property owned by that party to satisfy the debt.



Nothing. A lien may be placed on real property that you own. At time of sale..the lien will be satisfied. Kiss the ground you live in florida. You can steal from credit card companies at will.



Yes. Your creditor can request a judgment lien and take any property you own to satisfy the lien.Yes. Your creditor can request a judgment lien and take any property you own to satisfy the lien.Yes. Your creditor can request a judgment lien and take any property you own to satisfy the lien.Yes. Your creditor can request a judgment lien and take any property you own to satisfy the lien.


If the persons living on the property are the ones who owe for the inspection but are not the owners, no. The person owed does however, have other options for collecting the debt. No. If you owe the debt the home inspector cannot place a lien on property you don't own.


if the claimholder has a legitimate beef, they can file a lien or lis pendens, or judgment against any property that you own depending on what state you live for every piece in that county. You either pay it, or try to negotiate to pay at a discount.


no,,,,,,but they can put a lien on it,,,and when you sell your house,,it has to pay the lien amount,,,before you get any money from the house.


Yes. A child support lien can be attached to any property you own.Yes. A child support lien can be attached to any property you own.Yes. A child support lien can be attached to any property you own.Yes. A child support lien can be attached to any property you own.


Well right off, under the circumstances your giving, I'm not sure what lien would be in effect. Generally, whoever has placed the lien has to remove it, or you may be able to get it done filing Docs showing it has been satisfied. Certainly the owner didn't put a lien on his own project for what the contractor owes/has to do. If the job is liened for payment by a subcontractor to the primary, and he put a mechanics lien on, these may not be cleared by BK. Your going to have to get more involved. The performance bond is there for exactly such an event, and the sureity co should step in and complete the job, to do so they may need to pay the subs off.



Copyright ยฉ 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.