What is a Lien? скачать в хорошем качестве

What is a Lien?

What is a Lien? Liens are like parasites for your title. They put potential buyers and the rest of the public on notice that you owe or may owe money in the future. In most cases, these “parasites” have to be removed before the title can transfer from the seller to the buyer. There are two categories of liens: consensual and non-consensual. Consensual liens arise when a property owner voluntarily authorizes a lien on their property and are typically seen when the property owner borrows money to purchase the property (like a purchase money mortgage) or to undergo renovation, construction, or development projects. Non-consensual liens are involuntary and can take a variety of forms including tax liens, mechanic liens, and judgment liens Disclaimer: This video is not intended to serve as a substitute for consultation with an attorney. Specific legal issues, concerns, and conditions always require the advice of appropriate legal professionals. Using the Internet for communications with the firm will not establish an attorney-client relationship, and messages containing confidential or time-sensitive information should not be sent. 👉 Follow us on Facebook:   / easlerlaw   👉 Follow us on LinkedIn:   / 76917489   👉 Follow us on Twitter:   / easlerlaw   👉 Follow us on Instagram:   / easlerlaw