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That depends on the statute of limitation in your jurisdiction. It varies from state to state. You can do an online search using your state and "statute of limitations- judgment lien". Also, different types of property liens have different statutes of limitation. Property tax liens do not expire.
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How long does an unpaid judgment stay on credit report?
The answer depends on a number of factors, such as the degree of the upaid judgment and the credit organization that is offering the pecuniary service. Typically, unpaid judgments stay on credit report for over nine thousand fiscal periods. The related link gives more information.
How long do you have to advertise a property for a quiet title action?
Depends on which state you are in.
Is North Carolina a lien theory or title theory state?
Title theory, bank will hold the title to property as long as their is a mortgage
Is North Carolina a title theory state?
Yes, Tennessee is a title theory state. See www.title.grabois.com.
How long is an owner responsible for a property after it is sold?
The exchange of title is the key date. Unless there is an agreement otherwise, the responsibility passes with the title.
If someone has a mid FICO score of 680 and a 7 year old judgment can they qualify for a mortgage at a good rate?
As long as the judgement isn't against the home and has no affect on the title then yes. If the judgement if for something like property taxes then you'd have to pay that off.Some lenders will ignore judgements over 2 years old, as well as collections and charge-offs, as long as the lien does not affect the title.
Can you refinance without a o-signer if he doesn't even pay for his half of the mortgage?
Yes, as long a you meet the lender's requirements for ability to repay on your own. However, if he is also on the title he must transfer his interest in the property to you.Yes, as long a you meet the lender's requirements for ability to repay on your own. However, if he is also on the title he must transfer his interest in the property to you.Yes, as long a you meet the lender's requirements for ability to repay on your own. However, if he is also on the title he must transfer his interest in the property to you.Yes, as long a you meet the lender's requirements for ability to repay on your own. However, if he is also on the title he must transfer his interest in the property to you.
How long is a judgment good for in Utah?
Generally, until it is paid or satisfied under the terms of the judgment holder. In most cases judgments are granted from 5-20 years and are renewable. A judgment perfected as a lien against real property is permanent until paid.
Does property go into the persons name that is given lifetime rights to it?
No. That person does not own legal title to the property. They simply have the right to the use and possession as long as they live.
Will you be able to sell your house with a car lien on it and if not how long does the car lien last in Massachusetts?
If there is a judgment lien on your property in Massachusetts the recorded lien is good for six years. Before the six years expires the creditor can obtain an extension from the court and the extension is good for another six years. The judgment is good for 20 years but it must be updated in the land records as stated above in order to encumber the debtor's real property. As long as the lien is updated you cannot sell or mortgage the property until the lien is paid.If there is a judgment lien on your property in Massachusetts the recorded lien is good for six years. Before the six years expires the creditor can obtain an extension from the court and the extension is good for another six years. The judgment is good for 20 years but it must be updated in the land records as stated above in order to encumber the debtor's real property. As long as the lien is updated you cannot sell or mortgage the property until the lien is paid.If there is a judgment lien on your property in Massachusetts the recorded lien is good for six years. Before the six years expires the creditor can obtain an extension from the court and the extension is good for another six years. The judgment is good for 20 years but it must be updated in the land records as stated above in order to encumber the debtor's real property. As long as the lien is updated you cannot sell or mortgage the property until the lien is paid.If there is a judgment lien on your property in Massachusetts the recorded lien is good for six years. Before the six years expires the creditor can obtain an extension from the court and the extension is good for another six years. The judgment is good for 20 years but it must be updated in the land records as stated above in order to encumber the debtor's real property. As long as the lien is updated you cannot sell or mortgage the property until the lien is paid.
Can tranfure of ownership on property take place if a judgment is filed on the owner of the property being sold?
Generally, yes, a person can sell property to whomever wants to buy it, and it often the only way to pay off a judgment against them.Even a lis pendens attached to the property itself does not prevent the owner from selling it, as long as the buyer is willing to take the purchase subject to the results of the pending lawsuit.
Can you break a life estate deed if the person is incompetent?
You must obtain a court decree extinguishing the life estate in order to clear the title to the property. If the life tenant holder is not capable of exercising their right to the use of the property it should be a relatively simple process to obtain a judgment as long as you have the right evidence to support your request. You should consult with an attorney who can review the situation and explain your options.
