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Can you put a lien on property that you have paid the back taxes on?
Wiki User
∙ 11y ago
Absolutely. If you are sued and a judgment is rendered against you, a lien can be placed against your paid-off property. Because you have 100% equity in the property, your exemptions may not protect the property fully.
Wiki User
∙ 16y ago
Wiki User
∙ 15y agoThe following information is general information only and you would need to check with an attorney in your area to determine your options under your state laws.
Generally, you have no personal authority to place a lien on property. Generally, if you paid the back taxes, and unless you had an agreement in writing for repayment, you would be considered a volunteer. If you had a signed agreement whereby the property owner was to pay you back for paying the taxes you could sue for the amount due. If successful, you would obtain a judgment lien that could be recorded against the property in the land records.
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What happens to back taxes if the estate has no money?
If they are property taxes, there is a lien on the property. In those cases the property has to be sold to settle the debts. If there are no assets in the estate, the taxes won't get paid.
Can a debt collector place a lien on your property without your knowledge?
i paid taxes on a property. i want to know how to place a lien on that property for the amount paid.
Can you become a lien holder on a property if you pay their back taxes?
No, not without their written, recorded agreement.Otherwise you are simply a volunteer having paid the taxes.
Is there a state tax lien on real property after the owner dies and if so how is it released?
The state sells the house/property in a auction if the taxes are not paid eventually. All taxes have to be paid. The details vary from state to state but upon the sale of the property, the taxes must be paid by someone.Added: The tax lien becomes a lien against the deceased's estate and when the estate is probated the executor must satisfy the government's lien from the proceeds of the estate (if any).It IS conceivable that the property may have to be sold in order to get the funds to pay the back taxes.
What are the repercussions of having a lien on your property?
Your property cannot be sold or mortgaged until the lien is paid. If the lien is substantial the creditor can force a sale of the property. If the lien is for property taxes the town can get a court order, take possession of and sell the property. You should also be aware that interest begins to add up on any judgment lien until it is paid off. The debt will grow larger.
If there is an IRS tax lien on your mother's separate property for your stepfather's back child support and she dies can the lien be lifted?
AnswerOnly if the lien was paid through the settlement of your mothers estate. If you don't know if the estate was probated, check with the probate office in the county she died in to see if anything was filed.AnswerAn IRS lien would not have anything to do with back child support. It would only have to do with back taxes. If your mother was not liable for those taxes to begin with, then the lien should not have attached to that property (even if it was listed at that address for him, it did not legally attach if he does not have an ownership interest in the property). If that were the case, all that you need to do is get a Certificate of Non-Attachment from the IRS.If she was, in fact liable for the taxes, the lien will need to be paid by the estate before it will be removed.
If you paid the delinquent property taxes on another person's property can you file a lien against it to recover your expenditure when the property is sold?
YES BUT YOU SHOULD DO IT RIGHT AFTER YOU PAY THE TAXES. * No. The party who paid the delinquent taxes has no legal rights to the property. You cannot automatically place a lien against property other than that of a Mechanic's Lien. The paying of the taxes would be considered a loan, the only option for recovery of the monies if the property owner did not voluntarily repay the amount would be to sue the party in the appropriate state court.
Do you own the property once back taxes are paid?
No
What is tax lien on title?
A tax lien is recorded by the IRS, the state department of revenue or the town when the property owner is delinquent on payment of some type of taxes. The property cannot be sold or refinanced until the tax lien is paid.
Can you place a lien on a property that you paid to fix and she will not pay you back?
You would need to bring a lawsuit in court and obtain a judgment lien in your favor. Then, you could record the lien against the property of the defendant.
What is a property tax sale auction?
Cities and Counties use property tax sales to collect delinquent property taxes. About 4% of property taxes are delinquent each year and this is the method the taxing authorities use to collect the taxes. There are two types of sales, tax lien sales, where they sell a lien on the property to an investor (who will earn a very attractive interest rate and get the property if they are not paid back), and tax deed sales where the taxing jurisdiction sells the property outright. To learn more about tax sales go to the related link.
Can you sell land you owe back taxes on in ga?
Sure you can just after you pay the taxes you owe. I assume that a tax lien has been placed on the property by the State of Georgia or the County where it is located. This is similar to having a mortgage on a piece of property. Unless the bank isn't getting paid neither are you.
