Personal Finance
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Liens
Money Management

How do you place a property lien for a private loan?

Answer

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Wiki User
01/31/2007

The lender will need to file a lawsuit against the borrower in the state court of jurisdiction in the county in which the borrower resides. The simplest method is by use of small claims, although recovery amounts are limited and in the majority of US states a small claims judgment cannot be used as a lien against real property Contact the clerk's office of the court in which you want to file suit for information on filing procedures.