Judgment Lien On Real Property Florida In King

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

Description

The Judgment Lien on Real Property Florida in King is a vital legal document primarily used to secure a creditor's interest in the debtor's property following a court judgment. This form effectively converts a monetary judgment into a lien against real estate, preventing the transfer of property until the debt is satisfied. It is essential for ensuring that creditors have a claim to the debtor's assets in the event of non-payment. Filling out the form involves providing pertinent details such as the names of the parties involved, the county of record, and the date of the judgment. Legal professionals, including attorneys and paralegals, benefit from utilizing this form to protect their client's interests in property disputes. Owners and associates involved in real estate transactions will find this form crucial for understanding potential liens on properties they are interested in. The form is straightforward, making it accessible even for those with limited legal experience, encouraging correct filing and prompt action. Moreover, it highlights the need for ensuring all relevant property jurisdictions are addressed to create a comprehensive lien. Completing this form correctly can prevent future complications and safeguard financial interests effectively.

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FAQ

The Length of a Judgment A judgment is good, and can be enforced, for up to 20 years. That seems like a long time, and it is. A judgment is good for 10 years and Florida allows a creditor to “renew” a judgment before the expiration of the 10 years for an additional 10 years, thus giving a judgment almost unending life.

Duration of a Judgment in Florida A judgment can be enforced against real property or personal property for up to 20 years under Florida law. That means that a creditor can pursue payment from you for up to 20 years from the date of the judgment if the creditor extends or renews it.

Liens are valid for five years from the original filing date. Florida law allows judgment liens to be filed a second time to extend the lien's validity five more years. (See s. 55.201-55.209, F.S.)

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.

In the state of Florida, a judgment lien becomes a public record and expires after 20 years, ing to Florida Statute 55.081.

File a certified copy of your judgment in the real estate records of the county in which the property is located. The lien is in effect for 10 years, and it can be renewed for an additional ten years.

To officially put a lien on a house, you must file a Claim of Lien form with the county clerk's office in the county where the property is located. This document should include details about the property owner, a description of the work performed, the amount owed, and other necessary information.

An involuntary lien can occur without your knowledge, depending on the circumstances. A creditor often places a judgment lien after suing you and winning the case.

Although you can file a lien without first giving notice to the owner, the Florida notice to owner rules requires that you give notice within 15 days after filing with the county recorder.

Online via an Official Records portal: Most Florida circuit clerk offices provide an Official Records Search portal on their websites, which interested persons can access to find liens on a property, including tax liens registered by taxing authorities.

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Judgment Lien On Real Property Florida In King