tax lien
fed or state or bus non-payment
essentially
http://en.wikipedia.org/wiki/Tax_lien
http://en.wikipedia.org/wiki/Special_assessment_tax
judg lien re loss of a suit
sum to plaintiff
http://en.wikipedia.org/wiki/Deficiency_judgment
an abstract of judgement
summary of jdgt to ct rec off have judg recorded
acknowledge
record judg lien
fm day of file jdg lien
priority over
valid for ten yrs
jdg lien
real propertty affected
probably collet jdgmt
coordinate old loan
lender get paid
escrow will affect buyer if not meeted out
sellers equity
be aware
prelim title report
surmountable time
receipt of payment
unimpeachable witnesses
back up and prove
brokers under mechanic's lien
judgement liens
if i do not own real property
hire detective find bank acct
ten yrs to collect
if offshore
apear to have no assets then ten yr lien can be extended
bks on how to collect jdgmt
real prop and no payment and bnk acct w/money
execution lien at court---then valid for a year
http://law.scu.edu/FacWebPage/Neustadter/article9/main/commentary/5.html
sheriff seizes
sell at public sale
bring money
pay off mortgage then
mech lien and jdgmt lien
if any left owner gets
property owners typically vulnerable
easy targets
rather pay than have fire auction
dont have to wait nine years
waiting sheriff sell property
stonewalled
assets
execution lien only a yr
if no real prop and cant find pers prop (Bank acct etc)
cant collect
escrow wont close
you buyer dont want
satisfaction of jdgmt
record to show jdg lien paid
http://legal-dictionary.thefreedictionary.com/satisfaction+of+judgment
check county recorders to check for liens
ask seller
prudent to ask
some sellers will not say
when you open escrow
attachment lien
sue someone
waiting for yrs for date in ct
post jdgmt
appealed
what is to keep prop owner fm selling to avoid lien
http://www.sos.ca.gov/business/ucc/attachment-lien.htm
hard to get
easier for commercial industrial prop
convince
and only for max amt jdgmt
sold and subject to 100000 lien aside in escrow by court
if house sells for a mill---
plaintiff may have sanctions or reverse
lis pendens
http://en.wikipedia.org/wiki/Lis_pendens
less difficult to get than attch still tough more flex
http://en.wikipedia.org/wiki/Writ_of_execution
No comments:
Post a Comment