If an owner of an interest in real property has had a judgment obtained against the owner, this form addresses a release of that judgment lien.
Indiana Release of Judgment Lien - Abstract of Judgment
Category:
State:
Multi-State
Control #:
US-OG-538
Format:
Word;
Rich Text
Instant download
Description
How to fill out Release Of Judgment Lien - Abstract Of Judgment?
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FAQ
An abstract judgment in real estate is also called a property lien. It's a lien against any real property you own in a particular county. This is separate from any mortgage that you may have taken out on the property.
Non-purchase-money security liens. Statutory liens. Mechanic's liens / tax liens. Judgment liens.
This aspect of a tenancy in common is important to remember as it means that your co-owner could sell his/her interest to anyone. More importantly, your co-owner could cause a lien to be placed against the property or could use his/her share in the property as collateral for a loan.
At any time while the papers in any case in which a judgment has been rendered by a general district court are retained by the court, the judge or clerk of the court shall certify and deliver an abstract of the judgment to any person interested therein.
The Abstract of Judgment contains a Case Overview and five Abstract sections. Users are required to enter all charges and amended charges (if applicable) for the case, dispose of each count, and provide the sentencing information for each convicted charge.
Abstract of judgement refers to a copy or summary of a court's judgement. Some common uses of the term ?abstract of judgement? include: In the context of a civil case, abstract of judgement is a document disclosing a monetary award issued by the court in favor of a judgement creditor against a judgement debtor.
Abstract: A summary of what a court or government agency does. abstract of judgment Summary of the court's final decision. Can be used as a lien if you file it with the county recorder.
The Abstract of Judgment will place a lien on any property that is in the name of the judgment debtor. A simple rule of thumb is to record a lien in the county where the judgment debtor resides or does business. You must: Wait 30 days from the date of mailing of the Notice of Entry of Judgment.
