This form is a sample letter in Word format covering the subject matter of the title of the form.
Judgment Lien On Personal Property With Mortgage In Oakland
Category:
State:
Multi-State
County:
Oakland
Control #:
US-0025LTR
Format:
Word;
Rich Text
Instant download
Description
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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.
For example, a mortgage has priority over a judgment lien if the lender records it before the judgment creditor records its lien.
Often, judgment liens are recorded after other types of liens, like mortgages, and are lower in priority.
Which of the following liens generally holds first priority? Real property taxes are ad valorem taxes which means that they are levied ing to value. Real estate tax liens are in first position and get top priority regardless of when the taxes were incurred.
File an Abstract of Judgment after Winning a Lawsuit Any time you win a lawsuit, you can put a lien on the defendant's real estate by recording an Abstract of Judgment in the Recorder's Office of the county where the real estate is located.
A judgment lien in Oregon will remain attached to the debtor's property (even if the property changes hands) for ten years.
The answer to your question is generally no. If someone wants to put a lien on the property, they must get the court's approval to do so. For example if it is a contractor, then they must advise the owner of their intent to place a lien on a home.
An involuntary lien can occur without your knowledge, depending on the circumstances. A creditor often places a judgment lien after suing you and winning the case.
