A lien gives you personal interest in the property of a debtor who owes you money. Once your lien is filed, the debtor cannot sell his property with clear title unless he pays the amount owed to you. In New Jersey, you fill out a form called a Statement for Docketing to obtain a jud...
How to Protect against a Lien on Property
Filing a real property lien in Florida is a way to enforce collection of a court judgment. Florida has two different ways for a creditor to file a judgment lien against real estate: in county land records and with the Florida Department of State. Judgment lien certificates filed with the Flo...
If it is, and the property is owned by the same person who owns the mobile home, a mortgage must be recorded against the property in addition to placing a lien on the certificate of title. If the mobile home is on rented or leased property, you only need to file the lien on the ...
How property taxes work How to calculate property tax rates How to pay property taxes Can you lower your property tax bill? How to deduct property taxes on your tax return What happens if you don't pay property taxes? Nerdy takeaways Property tax is a tax on physical property, such as ...
1. Mortgage Lien When you voluntarily take on a mortgage, the lender agrees to finance your home and takes a lien on your property until you pay off the debt. You can check if there's a lien on your real estate at your county recorder's office, the recorder of deeds office or the ...
1.What is a property lien? A property lien is essentially a legal claim that someone has on a property, usually due to an unpaid debt. When a lien is placed on a property, it serves as a legal way for the creditor to ensure that they have a right to the property if the debt is...
As you can see, it’s actually easier to name the trades and businesses that do not need a license in California than the other way around. The CSLB is extremely clear on this topic. If you’re working on projects valued in excess of $500 in California, the chances are that you need...
Lawsuits for collections accounts are a common and efficient way for collection agencies to get payment. These lawsuits can result in wage garnishment, and a bank levy or a lien on your property. Hire an attorney who specializes in debt collection defense. If you can’t afford court costs, ...
Refinancing also allows you to change the loan's term, either shortening it to pay off the loan faster or extending it to reduce monthly payments. If you have built up significant equity in your property, you may be able to cash it out when refinancing. Those funds can then be used to...