You can certainly sell prpoerty that has a lien. However, the lien will have to be settled to transfer a clear title. This is usually part of the closing process.
Liens are due when the property is sold, and are the responsibility of the seller(s). A foreclosure is not a sale.
No. That property was no longer owned by the decedent if it was sold for unpaid property taxes.No. That property was no longer owned by the decedent if it was sold for unpaid property taxes.No. That property was no longer owned by the decedent if it was sold for unpaid property taxes.No. That property was no longer owned by the decedent if it was sold for unpaid property taxes.
when the property is sold of course.
This depends on the laws of your state. It could be that you were obligated to check the record for liens yourself. You definitely need an attorney.
did you mean resource? The lender has authorization called lean to hold your property after a loan debt.
The difference between lean and lien in terms of property ownership and financial obligations is that a lean refers to a claim against a property for unpaid debts or services, while a lien is a legal right to keep possession of property until a debt is paid off. Essentially, a lean is a type of lien that specifically relates to property ownership and financial obligations.
No, I have never unknowingly sold stolen property.
A homophone for "lean" is "lien," which is a legal term meaning a claim or right to property.
To remove lean from a property house, you typically need to pay off the debt that caused the lean or negotiate a settlement with the lienholder. Once the debt is resolved, obtain a lien release document from the creditor and file it with your local property records office to formally clear the lean from your property title. It may also be beneficial to consult a real estate attorney for guidance throughout the process.
yes i think
If the liens predate the lease then the property will likely be sold to satisfy the creditors.If the liens predate the lease then the property will likely be sold to satisfy the creditors.If the liens predate the lease then the property will likely be sold to satisfy the creditors.If the liens predate the lease then the property will likely be sold to satisfy the creditors.
The fee to the property can be sold but only subject to the right of the life estate holder to the use and possession of the property.