Judgment Lien In Florida In Contra Costa

State:
Multi-State
County:
Contra Costa
Control #:
US-0025LTR
Format:
Word; 
Rich Text
Instant download

Description

The Judgment Lien in Florida in Contra Costa form is a legal document that establishes a lien against real property owned by a debtor due to a judgment obtained in court. This lien serves as security for the creditor, allowing them to claim the property if the debt remains unpaid. The form includes essential details such as the names of the judgment parties, the date of the judgment, and the county of enrollment. Attorneys, paralegals, and legal assistants can utilize this form to effectively notify interested parties that a judgment lien has been filed, ensuring that all potential creditors are aware of existing encumbrances on the debtor's property. The form should be completed with accurate property details and submitted to the appropriate county office for recording. Additionally, users are encouraged to inform other counties about the debtor's properties, as this may require further enrollment of the judgment lien in those jurisdictions. Thorough understanding and correct usage of this form help protect the financial interests of creditors while facilitating transparent communication regarding property ownership and liabilities.

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FAQ

(b) A judgment lien is acquired by filing a judgment lien certificate in ance with s. 55.203 with the Department of State after the judgment has become final and if the time to move for rehearing has lapsed, no motion for rehearing is pending, and no stay of the judgment or its enforcement is then in effect.

Renewing or Reviving a Judgment A Florida judgment lien on property expires 10 years after a certified copy of the judgment is recorded in the county where the property is located.

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.

Florida Statute 55.081 states that a judgment is enforceable for 20 years. A judgment does not have to be recorded to be valid. Even without recording, a creditor can garnish bank accounts, levy personal property, and pursue other collection actions during the 20-year life of the judgment.

55.081 Statute of limitations, lien of judgment. —Subject to the provisions of s. 55.10, no judgment, order, or decree of any court shall be a lien upon real or personal property within the state after the expiration of 20 years from the date of the entry of such judgment, order, or decree. History.

Estates and Trusts § 733.6171. Compensation of attorney for the personal representative. (1) Attorneys for personal representatives shall be entitled to reasonable compensation payable from the estate assets without court order.

Section 713.08 of the Florida Statutes, provides the proper form and specific requirements to complete the claim of lien document such as: name and address of lienor, statement of labor and materials provided, description of the property, name of property owner, lien amount, proof of service and the proper warning to ...

The lien is good for 10 years, but the creditor can renew the judgment before it expires for another 10 years, meaning the lien will survive for a maximum of 20 years. The good news is that because of Florida's homestead protections, a judgment lien cannot attach to homestead property.

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Judgment Lien In Florida In Contra Costa