Judgment Lien On Jointly Owned Property In Massachusetts

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

Description

The document is a model letter designed to inform relevant parties about a Judgment lien on jointly owned property in Massachusetts. This lien is established against all real property owned by the individuals named in the judgment within a specific county, indicating that the creditors have a claim on that property until the judgment is satisfied. The letter advises recipients to notify the sender of any other counties where the individuals may own property, ensuring comprehensive coverage of the lien. Key features of the form include the clear identification of the involved parties, the location of the lien, and a straightforward call to action for further collaboration. This letter is particularly useful for attorneys, partners, property owners, associates, paralegals, and legal assistants who may handle real estate claims, manage legal disputes, or need to monitor property ownership for financial recovery processes. Filling and editing instructions emphasize the importance of adapting the template to suit the specific facts and circumstances of each case, ensuring clarity and accuracy. Overall, the model letter serves as a practical tool for effective communication regarding Judgment liens in Massachusetts.

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FAQ

Yes, a house can be sold with a lien on it, but the process involves additional steps to ensure a smooth transaction. The lien typically needs to be resolved before or during the sale to provide the buyer with a clear title. Buyers and lenders usually require assurance that the lien will not transfer with the property.

A judgment lien on real or personal property expires after 20 years.

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.

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.

Yes, a lien may be placed on property that is jointly owned.

A lien which results from a judgment shall terminate not later than twenty years from the date it was created.

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Judgment Lien On Jointly Owned Property In Massachusetts