0
Yes. A lien is how the taxing authorities protect their interest in the property of an individual or business that does not pay its taxes. The state did not take away the proprietary right yet.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
How long can a lien stay on a residential property in Washington State?
Every type of lien has its own statute of limitations. You would need to research the type of lien.
Does the amount of a lien stay the same over the years?
Generally a judgment executed as a lien will continue to accrue interest at the rate that is allowed by the laws of the state in which the judgment was granted.
How long does a lien stay on residental property in NJ?
Liens have different statutes of limitation depending on the type of lien and those time periods vary by state. You need to add more details.
How long can an unpaid tax lien stay on your credit report in Colorado?
An unpaid tax lien will stay indefinitely, paid for seven years.
A divorce in Michigan. Attorney had a lien on our home how long does it stay on the property?
Until the lien is paid.
Can a Mississippi State Tax lien be applied to property owned in Virginia?
No, it can not. A Mississippi state tax lien only affects property owned in Mississippi. It will stay on your credit report for a long time though but it can't be enforced or collected if you don't own property in misssissippi.
Does a tax lien stay on property forever?
A tax lien does not stay with property, it follows the person. (State and Federal Tax Liens) Other types follow the property....Abstracts of Judgment, Mechanics Liens.....also voluntary liens such as Deeds of Trust, those follow the property as well.
What is a federal tax lien?
A tax lien is when the IRS files a lien against a tax payer in the courthouse where the taxpayer lives. This lien will attach the the property the tax payer owns. The lien will stay in place until the lien is satisfied or the liability is paid. The lien does not need to be renewd.
How long does a lien stay on a car if you have a wrecked car with no payments for last year and dealer doesn't want it back and you want to take to junk yard or sell for parts but lien on title?
Forever. But what you can do is ask for a release of lien from the dealer. Once you get a release of lien from the dealer, you go threw the normal titled process in your state to obtain a lost title.
Florida law how long does a lien stay on a condo which was about other lots?
In any state, liens remain on a property until the debt is paid and the liens are released.
After lien put on home 7 months ago from a default judgment is it time to leave or stay?
Not necessarily: if a lien is placed against a home this means that if the house is ever sold within a particular time then the amount of the lien must be taken from the sale of the home to satisfy the lien. In most states the home in which the debtor lives is exempted from being forcibly sold (Sheriff's sale). This is called a homestead exemption.
Does a lien stay on the title forever in Texas?
sad but TRUE, it sho DO.
