A judgment lien on real property in North Carolina is a legal claim or encumbrance placed on a property as a result of a judgment against the property owner. This lien is created by a court order and serves as a way for the judgment creditor to secure payment of the debt owed to them. There are two types of judgment liens that can be placed on real property in North Carolina. The first type is a general judgment lien, which attaches to all real property owned by the debtor in the county where the judgment is filed. This means that any property the debtor owns or acquires within that county can be subject to the lien. The second type is a specific judgment lien, which only attaches to a specific piece of real property that is identified in the judgment. This type of lien is less commonly used and is typically reserved for cases where the judgment creditor wants to target a specific property to satisfy their debt. To initiate a judgment lien on real property in North Carolina, the judgment creditor must first obtain a judgment in their favor through a legal proceeding. Once the judgment is obtained, a certified copy of the judgment can be filed with the clerk of court in the county where the property is located. In order to ensure that the judgment lien is valid and enforceable, it is important for the judgment creditor to also record a notice of judgment lien with the register of deeds in the county where the property is situated. This notice serves as a public record of the lien and alerts potential buyers or other creditors of the property's encumbrance. Once the judgment lien is properly recorded, it generally remains in effect for a period of ten years from the date of the judgment. However, it can be renewed for subsequent ten-year periods if the judgment creditor desires to extend the lien's validity. In conclusion, a judgment lien on real property in North Carolina is a legal claim placed on a property as a result of a court judgment against the property owner. There are two types of judgment liens: general, which attaches to all property in a county, and specific, which targets a particular piece of real estate. It is crucial for the judgment creditor to obtain a certified copy of the judgment and file it with the appropriate authorities, as well as record a notice of judgment lien with the register of deeds. By doing so, the creditor ensures the validity and enforceability of the lien.
North Carolina Judgment Lien On Real Property
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How to fill out North Carolina Satisfaction Of Judgment?
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The judgment is a lien on the real property in the county where the same is docketed of every person against whom any such judgment is rendered, and which he has at the time of the docketing thereof in the county in which such real property is situated, or which he acquires at any time thereafter, for 10 years from the ...
A judgment lien is created automatically on any property owned by the debtor in the North Carolina county where the judgment is entered. For any debtor property found outside the county, the creditor must file the judgment with the county clerk for the county where the property is located.
? All claims of lien on real property must be filed in the office of the clerk of superior court in each county where the real property subject to the claim of lien on real property is located.
Any person who performs or furnishes labor or professional design or surveying services or furnishes materials or furnishes rental equipment pursuant to a contract, either express or implied, with the owner of real property for the making of an improvement thereon shall, upon complying with the provisions of this ...
The claim of lien on real property must be filed within 120 days from the date when labor or materials were last furnished to the project. The claim of lien must comply with the form that is set forth in NCGS 44A-12, which includes a certification that the lien has been served on all necessary parties.