If the person or business that is owed money wins a lawsuit against the debtor/borrower a judgment will be entered in favor of the creditor. A judgment can be executed in several ways the preferred methods being a wage garnishment or bank account levy. It is also possible for the judgment to be executed as a lien against real property either belonging solely to the debtor or jointly owned. Michigan is a Tenancy-By-The-Entirety state; real property owned by a husband and wife as TBE is not subject to lien placement or forced sale by an unsecured creditor if only one spouse is considered the debtor. Individuals with legitimate claims against a person can place a lien on property. It is common for people doing construction and repairs to put a lien on the property to insure they get paid for the materials and work. The contract for such work will normally include a clause that allows this.
Yes, it is possible for someone to put a lien on a house for $900. The dollar amount of the lien is not dependent on the value of the house. However, the specific laws and procedures for placing a lien may vary depending on the jurisdiction.
Talk to someone at your local court house about a mechanics lien
Yes, there will be a federal tax lien put on your house that is in forclosure. The bank or person that buys your house will have the option to pay that lien off.
I can only assume you are asking how can someone put a lien on a home in Canada? The owner of the home would have to owe you or the government a lot of money before you could put a lien on their home and even if it was a private affair I'm not 100% sure a private party can put a lien on someone's home. It's usually banks and or money owed to governments who put liens on a persons home.
No
you cant't, a lien is a debt owed not applied.
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.
Yes, your real property can have a lien put on it. The government will do everything they can to get their tax money.
You have to go to Court win a a judgment first
A lien is a security interest in the property. A lien might arise from a loan. If you buy a car with the bank's money the bank will put a lien on the car. If you don't pay the bank back, it can foreclose on its lien and take the car from you. If you have a roofer add a new roof to your house, and you don't pay him, the laws allow the roofer to put a lien on your house. The roofer now has a stake in the house. If you don't pay off the lien your house can be forcibly put up for sale in order to satisfy the lien. I believe "property and tenets" translates into modern speak as "property and belongings".
can i put a lien on someone who is self employed?
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.