Notice Judgment Lien Form With Mortgage In King

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

Description

The Notice Judgment Lien Form with mortgage in King is a crucial document for ensuring that a judgment becomes a lien against the real property of the debtor in King County. This form serves as a formal notification that a judgment has been recorded, establishing the creditor's rights to the debtor's assets. Key features include the ability to specify the parties involved, the date of the judgment, and the county of enrollment. When completing the form, users must fill in the relevant information accurately and thoroughly, ensuring all parties’ names and associated details are correct. This document is typically used by attorneys, partners, owners, associates, paralegals, and legal assistants who handle debt collection or real estate matters. They will find it particularly useful in cases of debt recovery, property disputes, and ensuring that proper legal steps are taken to secure a claim against a debtor’s assets. The form may be modified to suit specific cases, and users should consider any additional counties where the debtor might own property to fully enforce the judgment lien. When questions arise, contacting the appropriate legal counsel is advised.

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FAQ

For example, a mortgage has priority over a judgment lien if the lender records it before the judgment creditor records its lien.

To sum up, you must file a Washington mechanic's lien within 90 days from the date you last delivered labor or materials.

A lien must be recorded by the county auditor's office where the project itself took place; if the project spanned across county lines, the lien must be filed in all associated county auditors' offices.

To file a notice of lien, you must complete the Public Improvement Lien Form. You must also sign and notarize both the Lien Form and the Affidavit of Service. You can submit everything to DOF by mail or in person. Learn more about the Manhattan Business Center.

If you would like to record the mechanics lien yourself, you can do so at the following King County Recorder's Offices: 500 Fourth Ave #430, Seattle, WA 98104. kingcounty/depts/records-licensing/recorders-office.aspx.

Key Takeaways. A judgment lien is a court ruling that gives a creditor the right to take possession of a debtor's property if the debtor fails to fulfill their contractual obligations. Judgment liens are nonconsensual because they are attached to property without the owner's consent or agreement.

A judgment lien is a court ruling that gives a creditor the right to take possession of a debtor's property if the debtor fails to fulfill their contractual obligations.

Essentially, consensual liens don't adversely affect your credit as long as repayment terms are satisfied. Judgment and most statutory liens have a negative impact on your credit score and report, which affect your ability to obtain financing in the future.

Certificate of judgment means a certificate issued by a clerk of courts in which the judgment was rendered, under the seal of the court, under section 2329.02 or 2329.04 of the Revised Code.

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Notice Judgment Lien Form With Mortgage In King