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"Liens to be divested" refers to the process of removing or eliminating legal claims or encumbrances on a property or asset. This typically occurs when a debt is paid off, or a court orders the removal of the lien, allowing the owner to have clear title and full rights to the property. Divesting liens is crucial for property transactions, as it ensures that the new owner is free from previous financial obligations tied to the asset.

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5mo ago

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Related Questions

What does liens mean in English from french?

"Liens" would be "links" in English (noun)


What is the antonym for bought starting with the letter D?

divested


Who came out of the lodge divested of his attire and with the visage of a warrior?

uncas


Is a statutory lien an involuntary lien?

Yes. Statutory liens include tax liens, mechanic's liens, judgment liens, etc.


Classifications of liens?

There are few types: construction, security, tax, judgment, artisan... you should check your state statutes (lien laws) for the types of liens and the requirements for each. Most state statutes are available online.


How many civil judgment liens can be placed on a piece of property?

There is no limit to the number of liens that can be recorded.There is no limit to the number of liens that can be recorded.There is no limit to the number of liens that can be recorded.There is no limit to the number of liens that can be recorded.


Can one property have more than one lien against it?

The liens must be paid before the property can be transferred.The liens must be paid before the property can be transferred.The liens must be paid before the property can be transferred.The liens must be paid before the property can be transferred.


Who satisfies liens on foreclosed property?

The person responsible for the liens must satisfy the liens. When a home is foreclosed on, the liens are removed before the next buyer purchases the home.


What does it mean if there are two liens on the title of a car you buy?

It could mean that money is owed on the car and you could lose it if the person defaults. Or it could mean that there is a mistake and the lienholders neglected to discharge the lien. Whatever the case is, don't buy a car that has any liens on it. If you already bought it, contact the lienholder to see if the lien can be discharged.


how do you look up tax liens?

HOW DO YOU LOOK UP TAX LIENS


What is a legal document giving the lender a claim on the property if payment is not made?

That document would be a Notice of Claim of Lien. Liens can be filed for goods provided or services rendered but not paid for.AnswerA judgment lien, a real estate tax taking, liens for unpaid municipal services such as demolition liens or health hazard clean-ups, special assessment liens such as sewer liens and income tax liens are all forms of involuntary liens. Involuntary liens are those created without the consent of the property owner.


What does it mean when your ex spouse is divested of all rights to your property?

When your ex-spouse is divested of all rights to your property, it means that they no longer have any legal claims or ownership rights to the assets or property that belong to you. This typically occurs through a legal process such as a divorce settlement or court order, where the rights of the ex-spouse are legally terminated.

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