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How much time after the original debt is paid does an HOA have to file a Release of Lien in California?
Wiki User
∙ 12y ago
Please review your lien documents and notifications.
Often, release of the lien is your responsibility. A Release of Lien is made available to the debtor by the association's attorney, and the debtor takes the Release to the local courthouse and pays for the lien to be released.
Your association's board or association manager can help you determine who's responsible in your particular situation.
Wiki User
∙ 12y ago
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Can a lien holder refuse release of lien if debt is paid?
If a debt has been paid off, the lien holder is required to release the lien. If the lien holder refuses, you will need to get a lawyer and take the case to court
How can you get a lien release form from Transouth financial corp?
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Under what circumstances can a consumer obtain a lien release?
A consumer can only obtain a lien release when the debt that they have is fully paid. They also have to go to an attorney to get legal proof of that fact.
What should you do if a credit card company put a lien on my house in California?
If the lien is attached to a valid debt, the only recourse the debtor has is to pay the amount of the lien. If the judgment debtor believes the lien to be faulty he or she has the legal right to file suit to have the lien removed from the encumbered property.
Can the only lien holder turn the lien over to a debt collector?
Yes. As the "owner" of the debt, they can sell, or assign, the debt to anyone they please.
What's a lien?
Debt
Is there a statute of limitations for a house lien in Texas?
No there is not statute of limitations. The lien serves as notification that a debt is owed and secures that debt.
Can they put a lien on your property if your paying a mortgage on it?
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Which of this statements describes a lien?
A statement that describes a lien is that it is a claim put on someone's property (i.e.: a vehicle, real estate, construction) in order to secure the payment of a debt. A lien can also be ordered by a judge for nonpayment of a debt. This lien will affect any property owned by the debtor if the debt is not paid.
What is a sheriffs lien?
A sheriffs lien occurs when a person gets in debt and their property or assets are seized. They are then sold by the sheriffs department to repay the debt.
What happens after a lien is filed on your home?
You will be notified of the lien/debt. In order to clear the home title (i.e.- for sale, or refinance, etc) the lien/debt will have to be satisfied. Depending upon the size of the lien and the circumstances, the lien holder may be able to force a sale of the property in order to collect the debt. It also depends on the lien holder's position. Priority is given to a tax lien, then the 1st mortgage, 2nd, etc.
When is a mechanics lien removed from real property?
Usually after a suitable release is filed in the property records. A release is obtained either from the lien-holder when the debt has been satisfied or by a court order (e.g., invalid or otherwise bogus liens).
