Yes. Paying what you owe is the first step in removing the lien. You need to take care in handling the payoff. At the same time the creditor should prepare and file a release of the lien that is in proper form for the type of lien in your jurisdiction. The creditor may need to notify the court that the judgment has been satisfied and the court will arrange for a satisfaction of the lien to be recorded in the land records by the local sheriff. Do not hand over the funds until you know how and when the lien will be officially released.
IF ONE OWNS A HOME & HAS A LIEN PLACED AGAINST THEM IT WOULD ATTACH TO ONE'S HOME & WHEN SOLD, THE LIEN MUST BE PAID OUT OF THE PROCEEDS.
Yes, it is a form of or similar to a mechanic's lien. Any money owed as a result of any service performed on or for a vehicle (and a mobile home is a vehicle with a VIN--look at the frame underneath), a lien may be placed on it.
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.
Answer lien on car?i let someone borrow 1100.00. he doesn't own a home. and he has a cr with a loan on it. can i put a lien on the car??
A lien can be placed on a home for medical bills. However, it does require a written agreement or a judgement to that effect.
You can not sell your house or if you die your home will go to the people who have a lien on your home.The best thing to do is to pay off the lien which is usually someone or a bank you owe money.
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.
It means that you owe someone money, they have obtained a judgment against you and you will not be able to sell or refinance your property until the lien is paid and a discharge is recorded.
Do you have a lien on your home? If a lien is placed on your home, you will not be able to refinance to pay back taxes.
Following due process, a lien can be placed against property. How they got that property does not matter.
A lien on the title to your home clouds the title -- indicates that there are monies due based on the lien -- so a future transaction will involve the lien. The lien may also be shown on your credit report.
If they hold a mortgage or a lien on the property. Home owner's associations often have required dues and if they are not paid, a lien can be placed on the property.