Judgment Lien Forms With Mortgage In Nevada
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FAQ
All liens signify a debt is owed but it's important to note that not all liens are negative, and at times, are expected. A property owner can choose to place a lien on their property.
How does a creditor go about getting a judgment lien in Nevada? To attach the lien, the creditor files the judgment with the county recorder in any Nevada county where the debtor has property now or may have property in the future.
After the judgment is signed by the judge, it must be filed with the court clerk. This is called “entering” the judgment. (NRCP 58(c); JCRCP 58(c).) Once the judgment is entered, a notice of that entry must be mailed to all parties in the case and filed with the court clerk.
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.
A mortgage is a specific, voluntary lien. It is specific to the piece of property and is voluntary because it was agreed to by the property owner. A judgment lien is an example of a general, involuntary lien. Judgment liens can be applied against any of an individual's assets.
