answersLogoWhite

0


Best Answer
Copy

Yes, as long as the buyer is willing to accept title subject to the lien, in other words, pay it off to clear the title, or accept the risk that nobody else will ever want to buy it with the lien.

Many people buy properties with liens, fully expecting to pay off the liens as part of the "price" of ownership, and the compensation to the seller is adjusted accordingly.

For example, I offered to buy a property in foreclosure and pay off the lien for timber taxes as part of the "deal." Buyer pays off the notes, seller pays off the tax liens, obtains clear title and an extra tax deduction.

2013-02-28 15:40:49
This answer is:
πŸ€“
🀯
πŸ€”
User Avatar

Add your answer:

Earn +5 pts
Q: If a surviving parent has a lien against property they own and now they reside in a nursing home can ownership be transferred by quick deed?
Write your answer...
Submit

Related Questions

Can child support put a lien on a house that I don't own?

Generally, no. However, child support enforcement doesn't usually record liens against property that is not owned by the obligor. If you transferred ownership of your property in order to avoid a lien a court can void the transfer.If you live with a significant other who owns property child support enforcement cannot place a lien on that property.Generally, no. However, child support enforcement doesn't usually record liens against property that is not owned by the obligor. If you transferred ownership of your property in order to avoid a lien a court can void the transfer.If you live with a significant other who owns property child support enforcement cannot place a lien on that property.Generally, no. However, child support enforcement doesn't usually record liens against property that is not owned by the obligor. If you transferred ownership of your property in order to avoid a lien a court can void the transfer.If you live with a significant other who owns property child support enforcement cannot place a lien on that property.Generally, no. However, child support enforcement doesn't usually record liens against property that is not owned by the obligor. If you transferred ownership of your property in order to avoid a lien a court can void the transfer.If you live with a significant other who owns property child support enforcement cannot place a lien on that property.


Is a title to real property transferred when the parties sign a contract of sale?

No. Title is transferred when the owner executes a deed that transfers ownership to the new owner. The deed must be recorded in the land records immediately to be effective against the world.No. Title is transferred when the owner executes a deed that transfers ownership to the new owner. The deed must be recorded in the land records immediately to be effective against the world.No. Title is transferred when the owner executes a deed that transfers ownership to the new owner. The deed must be recorded in the land records immediately to be effective against the world.No. Title is transferred when the owner executes a deed that transfers ownership to the new owner. The deed must be recorded in the land records immediately to be effective against the world.


How can my property be transferred to another person without my consent or knowledge?

It can only be done through legal means. If there are liens against the property, it can be transferred or repossessed.


You co-signed a mortgage for property you don't own. Can a lien be placed on that property for your own personal debt?

No. If you are a co-signer on a mortgage for property that you don't own your personal creditor cannot place a lien against that property for your personal debt. If the creditor does record a lien in the land records it will have no effect if you have no ownership interest in the property.No. If you are a co-signer on a mortgage for property that you don't own your personal creditor cannot place a lien against that property for your personal debt. If the creditor does record a lien in the land records it will have no effect if you have no ownership interest in the property.No. If you are a co-signer on a mortgage for property that you don't own your personal creditor cannot place a lien against that property for your personal debt. If the creditor does record a lien in the land records it will have no effect if you have no ownership interest in the property.No. If you are a co-signer on a mortgage for property that you don't own your personal creditor cannot place a lien against that property for your personal debt. If the creditor does record a lien in the land records it will have no effect if you have no ownership interest in the property.


Judgments - can a judgment be filed on a gifted property?

Yes. Your ownership status is just the same as if you had bought the property. Any legal judgment against you can attach to the property.


Can a property lien br transferred to the next property?

Generally, a lien usually stays on the property against which it was recorded. The exception is state and federal tax liens which attach to after-acquired property.


Can you sell property and still have insurance on the property and collect on it?

The insurance policy will be transferred in the name of the new property owner and will be entitled to all benefits against the said policy.


Can a seller transfer a deed to the buyer if a federal tax lien is against the property and can the property be settled?

NO. You cannot transfer the ownership of the property UNTIL the lien is paid off, in full.


Can you put a lien against property that is not titled or deeded in that persons name?

You can file a court case if you have any evidence that the person transferred the property to avoid creditors. The court will issue an 'ex parte' lien against the property if you are successful.


Can a buyer put a lien against property if you decided not to sell to them?

English letter sample - car transfer ownership


Is a lien the same as a claim?

A lien is a claim against the value of property, such as a house or a car. The property cannot legally be sold or transferred without settling the lien.


What is title insurance for?

Title insurance protects you against hidden problems with the ownership of the property, i.e. if the seller doesn't have full rights to sell. It insures that there are no liens or mortgages left unsatisfied on the property. When a buyer purchases a property, title insurance protects them from any claims of ownership, lien, or mortgage placed on the property before the buyer takes title to the property. If the information upon which the title insurance is based is incorrect, and a claim is asserted against your ownership of the home, then the policy indemnifies or protects you from experiencing a financial loss directly attributable to a claim that is covered by the policy.


Does a general warranty deed that is alread transferred to grantor protect it from the previous owners creditors?

First, property is transferred by deed to the grantee. If the property is transferred to avoid creditors the creditors can still attach it through a court process. If there are already judgment liens, tax liens and mortgage liens recorded against the property then you would acquire it subject to those liens. They do not go away if you transfer the property to someone else.


What can be done if I owe property taxes and do not pay?

Answer: The municipality can record a Tax Taking against your property and eventually take ownership through a court decree for non-payment of taxes.


When a lien is placed against a surviving spouse's real property does that lien mean the real property has to be sold to satisfy the lien?

Not necessarily. It does mean that the property cannot be sold, refinanced or transferred while the lien is in force without the consent of lien holders. In some U.S. states a judgment lien holder can request a forced sale of a primary residence. However, the process is time consuming, complicated and generally not cost worthy therefore it is rarely implemented. Please be advised, that liens against surviving spouses are not usually valid if said spouse is not the named debtor and did not reside in a community property state at the time of death of his or her spouse. Anyone who has had real property encumbered by a lien(s) should always determine if it is indeed a valid action.


What is a widows rights in Mexico to property?

Full ownership of the deceased's properties IF there is a testament involved. Otherwise, she would have to fight for them against possible suitors.


What is the difference between contract to sell and deed of absolute sale?

A contract to sell is a binding agreement between a seller and buyer that sets forth the terms of the sale and the date by which the sale shall be completed. It does not transfer ownership but if recorded in the land records it constitutes a lien on the property.A deed is the document by which title to real property is transferred to a new owner. It must be recorded in the land records in order to be effective against the world. A deed constitutes the actual transfer of the title of the land to the buyer.A contract to sell is a binding agreement between a seller and buyer that sets forth the terms of the sale and the date by which the sale shall be completed. It does not transfer ownership but if recorded in the land records it constitutes a lien on the property.A deed is the document by which title to real property is transferred to a new owner. It must be recorded in the land records in order to be effective against the world. A deed constitutes the actual transfer of the title of the land to the buyer.A contract to sell is a binding agreement between a seller and buyer that sets forth the terms of the sale and the date by which the sale shall be completed. It does not transfer ownership but if recorded in the land records it constitutes a lien on the property.A deed is the document by which title to real property is transferred to a new owner. It must be recorded in the land records in order to be effective against the world. A deed constitutes the actual transfer of the title of the land to the buyer.A contract to sell is a binding agreement between a seller and buyer that sets forth the terms of the sale and the date by which the sale shall be completed. It does not transfer ownership but if recorded in the land records it constitutes a lien on the property.A deed is the document by which title to real property is transferred to a new owner. It must be recorded in the land records in order to be effective against the world. A deed constitutes the actual transfer of the title of the land to the buyer.


Could boyfriend debts go against the property upon his death that we own together?

Yes, they can! It will depend in part on the type of ownership the two of you had. Consult a property attorney in your area to protect yourself.


How do you rent a property with dual ownership?

There is no ownership by a renter in a rental property. Just joint tenancy. If you are a co-owner of a rental property. in equal part, the other co-owner must agree in order to make a legally binding contract. Even if you are a majority owner, doing things against the partner's wishes is just asking for trouble.


What is the difference between having title to real property and a property deed?

Title is the legal relationship between a person and their property. Having title to property means having ownership which stands against the right of anyone else to claim it. Title to real property is evidenced by a deed, inheritance from a probated estate or by a court order.A deed is the instrument by which title is generally transferred. A deed is the legal evidencethat a person owns a certain property. The grantee on a deed is the new owner of the land. The new owner has title to the property. A person who owns property has title, or in other words, the right to possess, control, and dispose of it.A deed must be in writing, on paper and properly executed. To be effective against the world it must also be recorded in the land records. It is evidence of ownership of land and therefore it is evidence of title. However, a deed is not the only means by which title to real property is passed. Title to real property can also pass through a will or other type of probate proceeding, by a court decree or by a taking in fee.


How long is a lien in effect once placed against real estate?

Actually, until you pay the amount or until the property is sold and it is paid for you and property transfers ownership. Until you pay the amount you owe in full.


Can a warranty deed be transferred back to original owner?

I'm not an attorney. A warranty deed can go back to the original owner. Why not? The original owner can acquire the property again; there is no law against that. The deed might still be a warranty deed, but if the deed has become clouded in some way while under other ownership, the original owner might possibly not receive a warranty deed when he gets the property back.


Can credit card companies put a lien on on your home?

Yes, if they are awarded a valid judgment against the debtor the judgment can be executed as a lien against real property owned by the debtor. Liens are extremely damaging to one's credit and finances. The encumbered property cannot be sold, refinanced or transferred ownership until the debt is paid or the lien holder(s) agree to the action. Liens can continue to accrued interest until they are paid and most liens can be renewed some for as long as 20 years.


Is it against the law for someone to change landholdings after the landholders death without revealing this to heirs?

Only the estate can change the ownership of real property. And the change has to be registered with the court.


How do you change a title on a deed?

Title is the legal relationship between a person and their property. A deed is the instrument by which title to real property is generally transferred. A deed is the legal evidence that a person owns a certain property. The grantee on a deed is the new owner of the land. The new owner has title to the property. A person who owns property has title, or, the right to possess, control, and dispose of it by their will or deed. If they die without a will the property will descend to their heirs at law according to the laws of intestacy.A deed must be in writing, on paper and properly executed. To be effective against the world it must also be recorded in the land records. It is evidence of ownership of land and therefore it is evidence of title. However, a deed is not the only means by which title to real property is passed. Title to real property can also pass through a will or other type of probate proceeding, by a court decree or by a taking in fee.In order to change the ownership of real property the present owner must execute a deed that transfers ownership to a new owner. Once that new deed is delivered the new owner has Title to the property.