Sentences with phrase «clear of all liens»

You would emerge from bankruptcy without the debt and a $ 2,000 vehicle that you own free and clear of all liens.

Marketable Title A property title that is clear of liens or defects.

Here's why: if you own a car free and clear of all liens, it may be an asset that can not be fully protected in bankruptcy.

n) You will deliver underlying securities in good transferable form as is customary for that type of security and the underlying securities shall be made free and clear of any lien, encumbrance, claim, pledge, charge, restriction or impediment to transfer of any nature whatsoever.

This includes ensuring that the title for the property has been thoroughly researched and declared free and clear of all liens, judgements and encumbrances.

GK Law will complete various title and off title searches, and ensure that their clients have secured the correct property, free and clear of liens and other encumbrances, and ensure that proper insurance for their residential or commercial property has been obtained.

Anytime you take on a new listing it is critical to ensure that you are dealing with the legal homeowner (s) and that property title is clear of liens or financial issues.

The benefits of these sales are that buyers have a chance to inspect the property prior to purchase, the title is usually clear of all liens, and any outstanding taxes are the seller's responsibility.

In any closing, but especially a Florida closing where someone is buying their primary residence, that buyer assumes that the seller is legally transferring full ownership of the land, and the improvements built upon the land (house, driveway, fence, sewer drains or septic systems, etc.), free and clear of any liens or encumbrances.

They check the title and make sure it is clear of all liens and judgements.

You get a deed that will say «free and clear of all liens except.»

Not exact matches

DAILY HARVEST DISCLAIMS ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT AS TO THE SITES, CONTENT AND PRODUCTS, ANY WARRANTIES THAT ARISE FROM TRADE USAGE OR CUSTOM, AND ANY WARRANTIES THAT THE SITES OR PRODUCTS WILL BE FREE AND CLEAR FROM ANY ADVERSE LIEN OR SECURITY INTERESTS.

Does the person selling the car really hold clear title to it, or is there a lien against the title?These are the types of questions you always want answered but sometimes had difficulty determining before handing over your money and driving away in the used car.Now comes a new service called Carfax, which provides a vehicle history of the car you want to buy before you write a check.

Before you decide to buy property you should have a clear understanding of what a senior lien is and what implications it may have on the future stability of your finances.

Now, if the property is not a primary residence but an income property or a cottage then you could find yourself in a forced sale situation — where the CRA proceeds with the lien in federal court, prompting you to either pay your outstanding debt, or lose title and ownership of the property, which then goes through the legal procedure of foreclosure and the home is then sold as a power of sale, to clear the debts.

Just to be clear: A lien is against the title of your property.

There are so many other areas that are affected by non-payment of child support that can impact on your ability to clear the rest of your debt including the sale of your assets to cover the cost and liens on your assets to stop you borrowing against them to clear debt.

In addition, they will not approve your loan until the return has cleared a level of approval with the government agency, confirming that you have no liens on your refund such as child support or back taxes.

The buyer can pay the seller the money to cover the lien (in the case of a bank loan) but that doesn't mean the seller will actually pay off the loan (so the title is never clear!).

In the case of a vehicle with a lien, there is a specific place on the title to have a lien holder listed, and the holder of the lien will also hold the title until the lien is cleared.

A title that is free and clear of objectionable liens, clouds, or other title defects.

As long as the title on your second vehicle is clear - and - free of any liens or holds, you should be able to use it for a car title loan.

If the vehicle that will be used as collateral in the transaction has a clean and clear title - and has no outstanding liens against it - the owner of it will almost always qualify for a loan.

Clear Title: A title that is free of liens and legal encumbrances on the ownership of personal property.

Clear Marketable Title A title that is free of liens, encumbrances or legal questions as to ownership of property.

Clear Title: The title or deed to a particular property that is completely free of all debts, liens, and encumbrances.

Auto title loans are loans based around the equity of your Ford F - 150, where LoanMart will take over your free - and - clear title as the lien holder; taking over as lien holder is your collateral in this loan process, which means you keep your keys and keep driving for the duration!

Searches reveal liens that have not be cleared, disputed easements and rights - of - way, life estates, conveyance of air and subsurface rights, and future interests that the home seller may not even have known about.

While a definitive answer isn't clear, some argue that the existence of a tax lien says a lot about a person's ability to repay debt.

Free and clear: A «clean» title; a title to property that is free of liens or other possible hindrances.

In RadLAX, the Supreme Court resolved the split by unanimously siding with the Seventh Circuit.5 Relying on well - established canons of statutory interpretation, the Court, in an «easy case,» held that a debtor's plan providing for a sale of secured property free and clear of the creditor's lien could not be confirmed without affording the secured creditor the right to credit bid for the property.

In a recent decision, the Ontario Court of Appeal has made it very clear that a Notice of Lien must be accurate.

Responsible for many aspects of loan closings including clearing titles, ordering titles, tracking down lien holders.

Clear title just means that there are no other liens or claims against the ownership of the property.

The second advantage is that you'll usually get a clear title since usually all types of liens are extinguished and the taxes are brought current.

Your job then is to find out what your seller has against the house to see if it is even feasible to sell, then you can offer your services accordingly, but be prepared to go the extra mile — even to the point of asking the bank to take less money to clear the lien so the home can close.

My previous post in this thread is just a short list of possible issues with Pennsylvania tax sales - title is not guaranteed to be clear of all other liens and encumbrances.

When a bank takes back a property at auction they will clear up any other liens and clear title issues most of the time.

It seems like in this county, there is no redemption period, tax liens are sold «FREE AND CLEAR of all tax and municipal claims, mortgages, liens, charges and estates of whatsoever kind».

Even as a wholesaler, I can not just take the word of a seller that the rehab is only cosmetic, or the title is clear, or there is no mortgage or liens.

In other words, if the Seller owned a $ 50,000 property free and clear and then sold it to the Purchaser who made a $ 10,000 down payment, the Seller initially has the right to collect $ 40,000 (his or her remaining equity in the property) and he or she may borrow money by allowing a lender to put a senior lien on the property (ahead of the Purchaser's interest in the property) for up to $ 40,000.

Yes, the property will be conveyed free and clear of any and all liens and / or encumbrances, including delinquent taxes.

We offer borrowers speed and certainty of execution: loans $ 1M - $ 15M, commercial real estate, 1st lien, LTV not to exceed 75 %, clear exit, nationwide, owner occupied & investment real estate.

This means they will be searching the property's title history to make sure it's clear of any defects, such as other claims or liens on the property.

I had long heard of John Beck's infomercial for his «Free and clear» course on investing in tax - lien certificates, but I had never seen it — until recently.

While most properties have some limitations such as easements (access rights) for utilities, you will want a title that is free and clear of any debts, liens or caveats.

You will also want to have a clear understanding of any liens or encumbrances on the home.

If you do not intend to keep the property and your title is clear of other liens, we may (based on requirements set by the owner of your loan) be able to accept the deed to the property and forgive your debt, even if the property is worth less than the balance that you owe.

So is it safe to say that when I see the transfer of ownership via the warranty deed and at some later date a mortgage / deed of trust, that I can assume all previous liens prior to the mortgage had been satisfied, as well as the mortgagee has free and clear title?

To be clear, some of those bills won't go away, but they just may no longer constitute a lien on the property.