Judgment Lien On Personal Property In Massachusetts
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Judgment Liens on Your Massachusetts Property Find the Registry of Deeds for your county and search county land records under the address where the property is located in Massachusetts as well as under the possible names of the people who own, or who you think own, that property.
A lien which results from a judgment shall terminate not later than twenty years from the date it was created.
The judgment lien is not going to impact a homesteaded property so the mortgage lender would be able to obtain a first lien on your property. So, as long as you otherwise qualify for a mortgage, the judgment lien should not be a problem.
And a homeowner may find it difficult to sell any property that has a lien against it. Prospective buyers may avoid a property to which someone else has a claim.
Creditors typically acquire property liens through your voluntary consent. On the other hand, creditors get judgment liens after winning a lawsuit against you for a debt you owe.
Technically, there is a statute of limitation on the lien of 20 years which, if expired, may result in the lien being extinguished.
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.
