What is a Property Lien?
A lien is a notice attached to your property telling the world that a creditor claims you owe it some money. A lien is typically a public record.
Types of Property Liens
A lien is a notice attached to your property informing everyone that you owe the creditor money. Before you can sell your property and give clear title to the buyer, you must pay off the lien.
What Is the Difference Between a Property Lien and a Judgment Lien?
For the most part, whether you define a lien as a property lien or a judgment lien depends primarily on how the creditor obtained the lien.
Can a judgment creditor foreclose on my home?
If you are sued in court for a sum of money and lose the case, the prevailing party will be granted a judgment.
Real Estate Liens on Jointly Owned Property
If a creditor gets a judgment against your spouse (and not you), can it record a lien against real estate that you own jointly with your spouse?