Notice Of Judgment Lien Michigan In Santa Clara

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

Description

The Notice of Judgment Lien Michigan in Santa Clara is an important legal document that serves to inform relevant parties that a judgment has been secured against an individual or entity, resulting in a lien on their real property. This form is essential for attorneys, partners, owners, associates, paralegals, and legal assistants, as it notifies them of any encumbrances that may affect property ownership or transfer. Key features of the form include the ability to specify names, dates, and locations associated with the judgment, ensuring clear communication of encumbrance. When filling out the form, ensure that all details are accurate, particularly the names of the parties involved and the county where the judgment is enrolled. To effectively edit the form, users should adapt the template to reflect specific circumstances while maintaining clarity and accuracy. This form is specifically useful in scenarios where a creditor intends to secure their interest in real property against judgments owed by the property owners. Additionally, the form is beneficial for tracking potential real estate ownership issues across different counties. Overall, the Notice of Judgment Lien serves as a vital tool in real estate and legal transactions, fostering transparency and accountability.

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FAQ

600.6051. A Judgment lien attaches to all property owned by the judgment debtor in the county where it is recorded. It attaches at the time it is recorded with the register of deeds, except for after-acquired property, when it attaches at the time it is acquired by the judgment debtor. 600.2803.

2809. (1) Unless subsection (2) or (3) applies, a judgment lien expires 5 years after the date it is recorded. (2) Unless subsection (3) applies, if a judgment lien is rerecorded under subsection (4), the judgment lien expires 5 years after the date it is rerecorded.

A judgment lien is a court ruling that gives a creditor the right to take possession of a debtor's property if the debtor fails to fulfill their contractual obligations.

Judgment liens may simply be filed and recorded by an attorney. There is no personal confrontation with the defendant and no personal property is seized. Service of the judgment lien on the judgment debtor is by certified mail if the judgment is less than $25,000.

Looking for case Information? Visit Michigan Courts case search to view court documents, case information, orders, and opinions.

Collect Before the Judgment Expires A judgment from a Small Claims case expires six years after it is issued. Most other judgments in Michigan expire 10 years after they are issued. You can renew a judgment before it expires by filing a motion to renew a judgment.

Judgments have expiration dates. 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.

The most common ways you may find out that there are outstanding judgements against you in one of the following ways: letter in the mail or phone call from the collection attorneys; garnishee notice from your payroll department; freeze on your bank account; or. routine check of your credit report.

(1) Unless subsection (2) or (3) applies, a judgment lien expires 5 years after the date it is recorded. (2) Unless subsection (3) applies, if a judgment lien is rerecorded under subsection (4), the judgment lien expires 5 years after the date it is rerecorded.

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Notice Of Judgment Lien Michigan In Santa Clara