Can someone put a lien on your property without you knowing?

Can someone put a lien on your property without you knowing?

Can a lien be placed on your property without you knowing? Yes, it happens. Sometimes a court decision or settlement results in a lien being placed on a property, and for some reason the owner doesn’t know about it initially.

Can anyone put a lien on your property?

If you have unpaid debt of any kind, this can lead the creditors that you owe money to place a lien on your assets. For example, if a person does not stick to a childcare maintenance agreement, a lien may be placed on their property in order to secure the outstanding amount of money.

Can a lien be placed on property that has joint ownership in GA?

A lien can be placed on investment property, even if that property is owned jointly by multiple owners. However, the effects of that lien may depend heavily on not only the type of lien, but also the type of ownership under which the joint owners hold the property.

Do liens on property expire?

For example, in Alberta liens are valid for 180 days from the date of registration. If you do not want your lien to expire you must “perfect” your lien by beginning legal action.

Can you sell a property with a charging order on it?

If a Charging Order has been issued against your property you can sell at any time if there is sufficient equity in the property to pay the charge in full.

Can I sell my house with a Judgement Lien?

If an individual fails to pay their debts, a creditor can obtain a judgement against them – up to and including liens against the debtor’s real property. The property then cannot be sold without dealing with the liens.

When can a property be owned by more than one person?

In property law, a concurrent estate or co-tenancy is any of various ways in which property is owned by more than one person at a time. If more than one person owns the same property, they are commonly referred to as co-owners.

Can you sell your house if you have lost the deeds?

You will firstly need to contact the Land Registry to ascertain whether or not the property is registered. If the property is registered, you needn’t worry about the lost house deeds as the Land Registry will hold official copies of all the documents that you would require to sell the property.

Do Solicitors Keep copies of deeds?

The Conveyancing Committee notes that it is usual practice for purchasers’ solicitors to retain a copy of the requisitions on title and replies with the title deeds to a property, following completion of a transaction, and lodge them with the lending institution in a certificate-of-title case.

How long do solicitors keep deeds?

For instance, deeds should be kept indefinitely (and for at least 12 years from the date on which they were executed). The simple reasons for this is because causes of action arising from a deed have a 12 year limitation period.