They can still enforce the lien. They may have to file a claim against the estate.
What are the rights of a lienholder on a car title when it comes to repossion of a vehicle?
The lien goes on the property, not the estate. But the estate must resolve the lien when disposing of the property.
the lienholder can repo at anytime as long as there is NO breach of peace.
Yes--as to that lienholder's lien only.
Yes if she follows the right steps. She should file for a lien for the arrearages through the family court and file the lien against the estate as soon as possible.
yes
Yes. Generally, they can assign their rights under the lien.Yes. Generally, they can assign their rights under the lien.Yes. Generally, they can assign their rights under the lien.Yes. Generally, they can assign their rights under the lien.
If a mortgage holder (mortgagee) dies the rights under the mortgage pass to her heirs. If a mortgagor (borrower) dies the mortgage company has a lien on real estate that still must be paid.
no
The existence of a will has no bearing on whether or not they can place a lien. If they have a legitimate debt and a judgment, or an agreement in the loan regarding a lien, they can place the lien on the property or the estate.
No, a Lien holders "Single Interest" insurance policy, only covers the lien holders interest in the property, not the interest of the previous owner or foreclosed buyer. When a lien holder places it's own policy on a foreclosed or otherwise uninsured home it means that the buyer chose not to have insurance. The Lien Holder has placed the coverage to protect it's own interest. This type of policy is also referred to as "Single Interest Policy".
No. Every mortgage is secured by a lien. The lien only ensures that the lien holder is reimbursed upon sale of the property. There can actually be several lien holders on a single property, and each will be paid in turn.