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An administrative lien is a legal claim placed by a government agency on a property or asset to secure payment for debts owed to the agency, such as unpaid taxes, fines, or fees. This lien gives the agency the right to collect the owed amount, often through the sale of the property if the debt remains unpaid. Administrative liens can affect the property's title and may hinder the owner's ability to sell or refinance the asset until the lien is resolved.
What else can I help you with?
Is Illinois a lien or a title theory state?
Indiana is a lien theory state.Indiana is a lien theory state.Indiana is a lien theory state.Indiana is a lien theory state.
Can you have a lien put on someones own home if they owe monies from another job site?
Mechanic's lien- no.Mechanic's lien- no.Mechanic's lien- no.Mechanic's lien- no.
What is the difference between a transfer of lien and release of lien?
A transfer of lien assigns the lien claimant's position in the lien to another party. A release of lien discharges the lien and makes it not appear on a title policy issued for the property.
Can a junior lien supersede a senior lien?
A junior lien can supersede a senior lien only if the senior lienor subordinated their lien in writing and recorded in the land records.A junior lien can supersede a senior lien only if the senior lienor subordinated their lien in writing and recorded in the land records.A junior lien can supersede a senior lien only if the senior lienor subordinated their lien in writing and recorded in the land records.A junior lien can supersede a senior lien only if the senior lienor subordinated their lien in writing and recorded in the land records.
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.
How do you spell lien?
lien
what is this lien for?
what is this tax lien for
IS THERE A LIEN ON IT?
is there a lien on this car
Is an assignee a lien holder?
An assignee of a lien is the new lien holder.
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
Can a lien on a home be transferred to heir?
The lien isn't transferred to the heir- it remains a lien on the inherited real estate, which cannot be sold or refinanced until the lien is paid.The lien isn't transferred to the heir- it remains a lien on the inherited real estate, which cannot be sold or refinanced until the lien is paid.The lien isn't transferred to the heir- it remains a lien on the inherited real estate, which cannot be sold or refinanced until the lien is paid.The lien isn't transferred to the heir- it remains a lien on the inherited real estate, which cannot be sold or refinanced until the lien is paid.
What is a Lien Fee?
The lien fee is the amount charged to record the lien. This amount will vary per state. To learn how much it is to record a lien call the Clerk of Court or Registrar's Office. If you use a lien service to file the lien then their fees would be the lien fee.
