Sentences with phrase «against real property»

A judgment lien is a court ordered claim against real property, usually after a creditor has sued and obtained a judgment in the case.

In simple words, a mortgage loan is a secured loan that is made available against real property as collateral.

Security instrument which is recorded on the land records to prove the security for the repayment of a debt, typically against real property.

FACT: When collecting tax — and especially if there's a concern that you may sell or mortgage your property in an attempt to avoid paying taxes — the CRA has the power to seize assets and register a lien against real property without notifying you.

Canada Revenue Agency (CRA) has higher rights than other creditors and can garnish wages and pensions and file a lien against real property without issuing a Statement of Claim, and that lien becomes like a mortgage.

In a recent BC case involving a wife who started an action in Hong Kong and a second action in BC just to file a certificate of pending litigation against real property in BC, the court provided a review of the law for our Vancouver China Family Property Dispute Lawyers and our Mandarin speaking family law clients.

The written evidence from a contractor (or supplier of material) surrending the right of lien to enforce collection of debt against real property.

North Coast Financial offers various types of Pasadena hard money loans including fix and flip / rehab loans, estate and trust loans, bridge loans, purchase loans, investment property loans, distressed property loans, rental property loans, construction loans, cash out refinance loans, reverse mortgage refinance loans, hard money loans for primary residences and other Pasadena hard money loans secured against real property.

(On the other hand, if the loan is a mortgage against real property, and properly filed as such, the interest paid may be deductable for the person you're giving the money to.)

The particular decision, York University v. Michael Markicevic, 2013 ONSC 4311, involves a request by one defendant to discharge a certificate of pending litigation registered against her real property and is part of a larger action by York against Markicevic and others concerning their alleged misuse of university resources.

Second, if you're litigating a governance or ownership dispute between putative co-owners of a realty holding entity, it's usually not a good idea to file a lis pendens against the real property unless you (or your client) are prepared to pay the other side's legal fees to secure its cancellation.

The creditor can then file the judgement against real property owned by the debtor and / or garnish wages.

Enforceability Against Real Property — The state of Rhode Island revised its provisions by clarifying and reducing the time after which a recorded mortgage would be unenforceable against real estate securing the mortgage.

Generally speaking, this Act imposes a 10 year limitation period on claims against real property.

If the court finds the debt is legally enforceable, the debt collection agency could garnish a portion of your wages, seize bank accounts or record liens against your real property, such as your house.

The Real Property Limitations Act (the «RPLA») governs the limitation periods applicable to claims against real property.