answersLogoWhite

0

A property owner cannot place a lien on his/her own property. To create a voluntary lien on property the owner must agree to transfer an interest to the creditor until the debt has been paid. When the debt has been paid the creditor executes a release of their interest in the property. A conveyance to yourself would be null and void because there would be, in legal terms, a merger of title. You cannot convey to yourself what you already own. There would be no conveyance.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

Can an ex wife place a mortgage lien on the property if she already quitclaimed her interest in the property?

No. Only the owner can grant a mortgage on a property.No. Only the owner can grant a mortgage on a property.No. Only the owner can grant a mortgage on a property.No. Only the owner can grant a mortgage on a property.


How do you find a property caretaker job for an absentee owner?

The site below matches property owners with caretakers. The property owner can place a free caretaker required ad . Applications are then forwarded to the property owner by the website. <a href="http://www.caretaker-jobs.com">www.caretaker-jobs.com</a>


Can you place a lien on a Florida property owner for unpaid lawn services?

Yep!


If someone leaves a storage building on private property for 8 years pays no rent and then decides they want to move the building who owns it--the property owner or the building owner?

Good question. It sounds like something a law professor might ask on an exam. Who really owns the building now? How did the building get there in the first place? If there was no agreement or understanding of any kind when the building was left behind, would the building now be deemed to have been abandonned? What, if any, conversations took place since, between the land owner and the person who left the property behind? Has the statute of limitations expired for the owner to claim it back? What rights does the property owner have to claim rent from the building owner? Does the building conststitute a fixture? If so, it would probably belong to the owner of the land. Some practical questions, however, are: What value does the property owner place on the building? Does the property owner have a use for the building? Is it something over which the property owner is prepared to go to court? Is it something over which the property owner is prepared to endure long-lasting hard feelings on the part of the building owner? If the property owner wants to keep the building, would it be better to make a "without prejudice" offer to buy it from the building owner? C'mon first year law students. Wadda ya think?


What are the differences between lost property and mislaid property?

Lost property is when property was inadvertently left in a place where the true owner can no longer find it. Mislaid property is when property was intentionally put in a particular place, but the true owner then forgets where he left it. For both lost and mislaid property, the true owner retains actual ownership of the property for a reasonable time after the property was lost or mislaid. The finder of lost or mislaid property must retain the property for a reasonable amount of time, and must make reasonable efforts to locate the true owner. In many jurisdictions the length of time and the actions required may be defined by local statute or ordinance. If the true owner cannot be found, the rights to lost property go to the person who found the property. The rights to mislaid property go to the owner of the location where the mislaid property was found. The reason for the difference is that the law wants to maximize the chance of returning the item to the true owner. The rights to mislaid property stay with the property owner because it is more likely that the owner of mislaid property will return to the location where it was mislaid. Example 1: A wallet is found on the ground outside a restaurant. It is unlikely the wallet was intentionally placed on the ground. Therefore the wallet is lost, and the rights to the wallet will transfer to the finder, assuming the finder makes reasonable efforts to locate the true owner. Example 2: A wallet is found on a table inside a restaurant. It is likely that the owner placed the wallet on the table, and then forgot to take it with him. Therefore the wallet is mislaid. The rights to the wallet will transfer to the owner of the restaurant, assuming the owner makes reasonable efforts to locate the true owner.


What is renters insurance and why it is needed?

Renters insurance is for a person who is renting the place where they live. It protects your property if something happens to that place, such as a fire, flood or theft. Without it, only the owner of the property is covered.


What happens if husband wants to sell his share of the property which he shares equally with wife before divorce?

He should consult with his attorney. Some states place an automatic restraining order on any property transfers during a divorce action. Some states place restrictions on selling one owner's interest in property held by married couples.He should consult with his attorney. Some states place an automatic restraining order on any property transfers during a divorce action. Some states place restrictions on selling one owner's interest in property held by married couples.He should consult with his attorney. Some states place an automatic restraining order on any property transfers during a divorce action. Some states place restrictions on selling one owner's interest in property held by married couples.He should consult with his attorney. Some states place an automatic restraining order on any property transfers during a divorce action. Some states place restrictions on selling one owner's interest in property held by married couples.


Who pays property tax on a rental home?

Property taxes are the responsibility of the owner. Unless there is a clause in the lease saying otherwise, the renter/leasor is not obligated to pay them. The government will place a lien on the property.


How do you become an owner of a foreclosed place as a squatter?

In most states squatting is illegal. If there is a property that is foreclosed and vacant and someone wants to purchase the property they need to contact the bank that owns the property and put in an offer.


Can I charge storage fees for items left on my property?

Yes, you can charge storage fees for items left on your property, as long as you have a clear policy in place and communicate it to the owner of the items.


Give the details for the Indian penal code 156?

The Indian Penal Code 156 provides for fines if a property owner allows a riot on their property if the riot benefits them. The owner must know the riot was going to take place and did not use his power to stop it.


What should I do if I find abandoned property in a repair shop?

If you find abandoned property in a repair shop, you should notify the shop owner or manager immediately. They will likely have a procedure in place for handling abandoned items, which may involve contacting the owner or turning the property over to the authorities. It is important to act responsibly and not keep or dispose of the property without proper authorization.