This form is a sample letter in Word format covering the subject matter of the title of the form.
This form is a sample letter in Word format covering the subject matter of the title of the form.
Following a first mortgage foreclosure, all junior liens (including a second mortgage and any junior judgment liens) are extinguished, and the liens are removed from the property's title.
If they are not timely renewed, they expire. In CA that is 10 years. However, when a judgment lien has been recorded against your property, it has no expiration date. This means that it is possible to no longer have a judgment against you, but still have a judgment lien on your property.
How long does a judgment lien last in Massachusetts? A judgment lien in Massachusetts will remain attached to the debtor's property (even if the property changes hands) for 20 years (for liens on real estate) or 30 days (for liens on personal property).
Pursuant to the new law, a lender can opt to send a 90-day notice instead of a 150-day notice if it can certify that it has engaged in a good faith effort to negotiate a commercially reasonable alternative to foreclosure.
Following a first mortgage foreclosure, all junior liens (including a second mortgage and any junior judgment liens) are extinguished, and the liens are removed from the property's title. However, the second mortgage debt and creditor's judgment remain, even though they're no longer attached to the foreclosed property.
The Massachusetts mechanic's lien law establishes a system for owners, contractors, and subcontractors to notify each other about the existence of construction contracts. A lien becomes effective when a lien notice is filed on the land records. The law sets three optional deadlines for filing it.
Filing deadlines The two parts of the Massachusetts mechanics lien have different deadlines. The Notice of Contract (or Subcontract) must be recorded be the earlier of 3 dates: 60 days after filing of Notice of Completion. 90 days after filing notice of termination.
A lien which results from a judgment shall terminate not later than twenty years from the date it was created.
Following a first mortgage foreclosure, all junior liens (including a second mortgage and any junior judgment liens) are extinguished, and the liens are removed from the property's title. However, the second mortgage debt and creditor's judgment remain, even though they're no longer attached to the foreclosed property.
A lien which results from a judgment shall terminate not later than twenty years from the date it was created.