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Is it normal to have a vendor's lien on property an individual sold?
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What is a vendors lien?
A vendors lien is the right of a seller to retain the property till payment of the purchase price
How do you get a vendor to sign over a vendors lien so you can refinance?
A "vender's lien" is a mortgage in favor of the person who sold the property to you.You must pay the lien.You must get the creditor to agree to subordinate their lien to your new mortgage.
What is a real estate vendors lien in Texas?
A real estate vendor's lien in the state of Texas is a type of lien put on a building project. If the contractor doing the work on a person's home defaults to his/her creditors, a lien can be put on projects that he has already completed or projects that are still in process. This means that the owner of the property where the project was done, has to pay the lien before they can sell the property. Then, the property owner has to sue to get the contractor to pay them back.
What is a Lian holder?
I think you mean LIEN (not lian) holder. A lien holder is one (an individual or company) which holds the lien to a secured real or personal property.
Is a lien on a property considered real or personal property?
A lien is considered personal property.A lien is considered personal property.A lien is considered personal property.A lien is considered personal property.
What does this property in a LIEN SOLD status mean?
There is a lien or was a lien on the property and the lien was sold to a 3rd party such as an attorney
How do you attach a blanket lien out of court to settle with an individual?
You can only attach a person's property through a court judgment. The court issues the judgment lien and then the lien is recorded in the land records. When the parties settle out of court there is no perfected "lien".
Can you get a lien on your Homesteaded property in Florida?
Yes, you can get a lien on your homesteaded property in Florida. A court will put a lien on the property if money is owed in a judgement.
What is an involuntary lien against my property?
An involuntary lien would be a judgment lien by a creditor, a lien for unpaid property taxes or income taxes, a demolition lien, a lien for unpaid common expenses or homeowners association dues or a mechanic's lien. Contrast that with a lien you granted in your property such as a mortgage which would be a voluntary lien.
What is the Difference between a mechanic's lien and an artisan's lien?
Artisans lien is against personal property and is possessory. Mechanic's lien relates to real property.
Do you need a subpoena to get a lien on property?
No. A subpoena is a writ commanding a person designated in it to appear in court under a penalty for failure to appear.To obtain a lien you must sue the individual in court and win. If successful you can request a judgement lien that can be recorded against that person in the land records. They cannot sell or mortgage their property until the lien has been paid.No. A subpoena is a writ commanding a person designated in it to appear in court under a penalty for failure to appear.To obtain a lien you must sue the individual in court and win. If successful you can request a judgement lien that can be recorded against that person in the land records. They cannot sell or mortgage their property until the lien has been paid.No. A subpoena is a writ commanding a person designated in it to appear in court under a penalty for failure to appear.To obtain a lien you must sue the individual in court and win. If successful you can request a judgement lien that can be recorded against that person in the land records. They cannot sell or mortgage their property until the lien has been paid.No. A subpoena is a writ commanding a person designated in it to appear in court under a penalty for failure to appear.To obtain a lien you must sue the individual in court and win. If successful you can request a judgement lien that can be recorded against that person in the land records. They cannot sell or mortgage their property until the lien has been paid.
Is a judgment against the person or property?
A judgment can be against either the person or their property. A personal judgment is against the individual's assets or income, while a lien on property is against the person's property.
