Judgment Lien On Personal Property Without Administration In Clark
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FAQ
How does a creditor go about getting a judgment lien in Nevada? To attach the lien, the creditor files the judgment with the county recorder in any Nevada county where the debtor has property now or may have property in the future.
Satisfy the Judgment: Paying the debt in full is the most straightforward way to remove the lien. Obtain a satisfaction of judgment from the creditor and file it with the court.
The most common type of lien is what's usually referred to as a Mechanic's Lien. Sometimes called "construction liens," "laborer liens," or "artisan's liens," they are filed by contractors, subcontractors, or construction firms.
The most common examples for voluntary liens are mortgages on a home and liens placed on cars that are financed. Voluntary liens can be placed on any type of property with value. The point of the voluntary lien is for a lender to secure collateral for a debt or service rendered.
The Nevada Constitution, which was adopted in 1864, provides for the exemption of homesteads from forced sale (Article 4, Section 30). The current version of the State law is found in Chapter 115, “Homesteads,” of the Nevada Revised Statutes (NRS).
Nevada has a 6.85 percent state sales tax rate and an average combined state and local sales tax rate of 8.24 percent. Nevada has a 0.44 percent effective property tax rate on owner-occupied housing value. Nevada does not have an estate tax or inheritance tax.
