Protecting your interests by filing a mechanic's
lien against the property also requires a thorough and complete analysis of the construction documents.
It means that creditors are prohibited from filing a lawsuit against you or
entering liens against your property or constantly contacting you in an effort to get a payment on the debt.
In Chapter 13, debts that are secured by collateral or that
involve liens against property typically have to be paid in full through your payment plan.
The sale of real estate in which the net proceeds from selling the property will fall short of the debts secured
by liens against the property is known as a short sale.
The sale of Conrad Black's Toronto mansion has been put on hold after the Canada Revenue Agency placed
liens against the property for $ 15 - million in unpaid income taxes, according to documents obtained by The Globe and Mail.
An Illinois federal court has considered whether the government could enforce a tax
lien against a property when the taxpayers only had the right to arrange the sale of the property.
research on a property title usually conducted by a title company to determine if there exist any outstanding
liens against the property prior to a sales transaction.
In a judicial proceeding to sell tax - delinquent realty, the Commissioner of Accounts can not enter a decree of confirmation of sale until the value
of liens against the property being sold are determined.
Trident conducts an exhaustive search of the public records to make sure there are no issues with the title such
as liens against the property, utility easements, etc..
It includes the policy number and effective dates, what types of coverage you have, what the policy's limits are, and personal information about the individuals insured or
holding liens against the property.
Under the Construction Lien Act «privity» of contract» is not required as a trade has the right to place a
construction lien against the property for which they provided services and / or materials.
The lender will also explain the prohibition against new
junior liens against the property unless directly related to property maintenance, and a minimum of 50 percent equity and appreciation sharing with the Federal government.
The Pathway to Purchase Down Payment Assistance program offers a 30 - year fixed - rate mortgage, with a second - mortgage as down payment assistance, which is a five -
year lien against the property at 0 % interest.
«The bank partners with you,» Castellanos explains, «but they need to be protected and confident that they have a valid
first lien against the property, so they require this insurance.»
Sometimes I think they are just pinning arbitrary bills on unsuspecting landlords, turning them into
illegal liens against the property, and then hoping that we will skip the hassle of litigation and just pay them off at the time of conveyance.
Following the completion of construction, the Builder filed for bankruptcy and the suppliers filed
mechanics liens against the property, resulting in litigation between the Buyers and the suppliers.
ALTA Insurance («lender's policy») is a guarantee your lender requires to ensure there are no other
liens against the property when your mortgage is recorded.
Collection actions can be taken against either party and can include legal action resulting in wage garnishment or
liens against property for both the primary borrower and the co-signer.
«Short sale» refers to a transaction in which the proceeds from the sale of a home are less than the balance of the debts secured
by liens against the property, and the homeowner can't afford to pay the liens in full.
The Lenders and Banks would just file a discharge
of lien against the property and as to whether or not they really notified the Homeowners, I am unsure about.
It includes the policy number and effective dates, what types of coverage you have, what the policy's limits are, and personal information about the individuals insured or
holding liens against the property.
Look for
liens against the property, pending lawsuits, guarantees, labor disputes, potential zoning changes, new or proposed industry regulations or restrictions, and new or pending patents; all these factors can seriously affect your business.
Ignoring your tax debt will impel the IRS to use tough tactics against you, such as placing a tax
lien against your property or levying your assets until your debt is satisfied.
regardless of their financial situation??? You DO realize that if they don't pay, they'll be slapped with a federal tax
lien against their property and their property possibly foreclosed on and sold a U.S. Treasury Auction.
Filed By the IRS,
a lien against property owned by Pete Rose, who owes $ 973,693.28 in back taxes from 1997 to 2002.
If the property you wish to donate is significantly tax - delinquent, the Land Bank will opt to pursue acquisition via municipal foreclosure in order to eliminate
any liens against the property.