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What happens to a lien placed on a property and that person who is owed the money dies?
Wiki User
∙ 12y ago
The debt is owed to their estate.
The debt is owed to their estate.
The debt is owed to their estate.
The debt is owed to their estate.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoThe debt is owed to their estate.
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A sum of money placed on a person property or income of an individual by government?
The sum of money placed on a persons property or income by the government is referred to as taxes. In the United States, these taxes are federal and state taxes.
What does it mean by A sum of money placed on a person property income of an individual by a government?
Sounds like a description of levies, or taxes.
Is money personal tangible property?
Money is considered personal property and personal property is part of a person's estate.
What does it mean when you say that there is a lean on your property?
A lien is placed on property when the owner owes money to someone, and the someone wants to ensure that it will be paid back. Liens are only available to secure some kinds of debts. If a person takes out a mortgage, the bank will place a mortgage lien on the property. This means that when the person sells the property, the mortgage must get paid before the person can receive any proceeds from the sale. If the person pays off their mortgage while they still own the property, the lien will be removed. In other cases, liens are placed due to judgments and certain kinds of bad debts.
On which House calendar would a bill that deals with money or property be placed?
the calendar of the committee of the whole
What happens when you rob someone in Mafia Wars?
If you win you gain money from property. If you lose, you lose money. If you repeatedly attack the same person's property, you annoy them and they will repeatedly place you on the "hit list." So, rob once and move on if you're smart. There are better ways to make money and gain experience.
What happens if you foreclose?
You get your property back and get to keep any money already paid for it.
What does levy taxes?
A levy is a seizure of money or property to satisfy a tax debt. A levy is different from a tax lien. A lien is collateral placed on property for a debt. a levy is physically taking the property.
What does levied mean?
A levy is a seizure of money or property to satisfy a tax debt. A levy is different from a tax lien. A lien is collateral placed on property for a debt. a levy is physically taking the property.
What is a sum of money levied on a person's property or income by a government?
A tax.
What happens to the money when its withheald?
Money that is withheld is put on hold. This money is stopped from going to the person.
How long can a lien last on a property in Missouri?
A lien can be placed on a property in the United States when a person owes a creditor a sum of money. In the state of Missouri, a lien can be on the property for ten years.
