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If you owe a debt to an attorney a judgment lien must be obtained through a court process. If the attorney is successful, the lien will be issued and will be recorded in the land records. You will not be able to sell or mortgage your property until it is paid.
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∙ 13y ago
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Can you take ownership of property by filing a lien?
No. A lien doesn't give you ownership. First, you must sue in court and win to obtain a judgment lien. A homeowner cannot sell or mortgage their property until a judgment lien is paid. You may be able to foreclose on the judgment lien in your state. If the lien isn't paid you can consult with an attorney in your state regarding how to foreclose on a judgment lien. Legal costs may be expensive.
A divorce in Michigan. Attorney had a lien on our home how long does it stay on the property?
Until the lien is paid.
Does a judgment act the same as a lien when you sell real property?
When a judgment is recorded in the land records it becomes a judgment lien against the debtor's real property. That property cannot be sold or mortgaged until the lien is paid.When a judgment is recorded in the land records it becomes a judgment lien against the debtor's real property. That property cannot be sold or mortgaged until the lien is paid.When a judgment is recorded in the land records it becomes a judgment lien against the debtor's real property. That property cannot be sold or mortgaged until the lien is paid.When a judgment is recorded in the land records it becomes a judgment lien against the debtor's real property. That property cannot be sold or mortgaged until the lien is paid.
Can you lose your home if you have judgments against you?
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.
What type of attorney can place a judgment lien?
The creditor must obtain a judgment lien from the court. They must sue the debtor and if they win they can request a judgment lien from the court. The lien can be recorded in the land records and the debtor's property cannot be mortgaged or sold until the lien is paid.The creditor must obtain a judgment lien from the court. They must sue the debtor and if they win they can request a judgment lien from the court. The lien can be recorded in the land records and the debtor's property cannot be mortgaged or sold until the lien is paid.The creditor must obtain a judgment lien from the court. They must sue the debtor and if they win they can request a judgment lien from the court. The lien can be recorded in the land records and the debtor's property cannot be mortgaged or sold until the lien is paid.The creditor must obtain a judgment lien from the court. They must sue the debtor and if they win they can request a judgment lien from the court. The lien can be recorded in the land records and the debtor's property cannot be mortgaged or sold until the lien is paid.
What does this property in a LIEN SOLD status mean?
There is a lien or was a lien on the property and the lien was sold to a 3rd party such as an attorney
Judgment liens are what type of lien?
A Judgment Lien is a lien placed on property by a creditor to recover a certain sum of money granted by a judgment awarded in court. The property can not be sold legally while the lien remains unpaid.
Can you sell your house if you have a judgment lien against you that is not associated with the house?
Generally, in some states a judgment lien affects all the property owned by the defendant in the county where the lien has been recorded in the land records. Once recorded it prevents the sale or mortgage of any real property owned by the debtor. However, in other jurisdictions a specific property must be listed in the body of the lien. In either case, the lien will be reported as part of a title examination ordered by the buyer's attorney. The attorney will need to verify that the lien doesn't affect the property to be purchased and the sale will proceed. However, if there is no clearcut confirmation that the house property is not affected, the buyer's attorney and buyer's bank will insist the lien be paid off.
What can a Landlord lien of a Tenant's to recover Property Damages in Florida?
To receover property damage in Florida the landlord must file a suit against the tenant. If the landlord wins he can collect using usual means of collecting on a judgment. If the tenant has property then a lien can be placed on it to satisfy a judgment. But if the lien is on a primary home then he cannot be forced to sell the home per homestead laws.
Can a spouse quit claim a home to the non debtor spouse to prevent a property lien by a judgment creditor in Ohio?
A property lien is an attachment to the property, not the debtor. The answer would be "no", that won't help you get out of paying the debt.
Are you responsible for someone elses lien on your new house?
Yes. If you purchased a home with a lien on it you are responsible for paying the lien. That's the purpose behind recording a lien in the land records: to notify potential buyers that there is a lien against the property that must be paid off by the owner. That is the reason you should always have an attorney represent you in the purchase of real property. The attorney will order a title examination that will disclose any outstanding encumbrances, including liens.Yes. If you purchased a home with a lien on it you are responsible for paying the lien. That's the purpose behind recording a lien in the land records: to notify potential buyers that there is a lien against the property that must be paid off by the owner. That is the reason you should always have an attorney represent you in the purchase of real property. The attorney will order a title examination that will disclose any outstanding encumbrances, including liens.Yes. If you purchased a home with a lien on it you are responsible for paying the lien. That's the purpose behind recording a lien in the land records: to notify potential buyers that there is a lien against the property that must be paid off by the owner. That is the reason you should always have an attorney represent you in the purchase of real property. The attorney will order a title examination that will disclose any outstanding encumbrances, including liens.Yes. If you purchased a home with a lien on it you are responsible for paying the lien. That's the purpose behind recording a lien in the land records: to notify potential buyers that there is a lien against the property that must be paid off by the owner. That is the reason you should always have an attorney represent you in the purchase of real property. The attorney will order a title examination that will disclose any outstanding encumbrances, including liens.
My husband owes money to his realtor company HE WORKED FOR they would like to put a lien on our house can they?
If the realtor sues for the amount owed and wins a judgment then the judgment can be used as a lien against the home even if it is titled in both names. Whether or not the judgment holder could request a forced sale of the property would be determined by the laws of the state in which the property is located based on the way the title to the property is held. The exception to the necessity for a court judgment to place a property lien would be the filing of a Mechanic's Lien.
