Sentences with phrase «lien against real property»

(f) A public or private supplier of gas, sewerage service, or electricity shall not impose a lien against real property to secure unpaid charges for gas, sewerage service, or electricity unless the owner of such real property is the person who incurred the charges.

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.

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.

Not exact matches

The filed Judgment is a LIEN against any / all real property owned by the DEBTOR and located in Erie County, for a period of 10 years from date of entry of judgment in the original court.

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

Title Insurance: Title insurance protects a real estate owner or lender against any loss or damage they might experience because of liens, encumbrances, or defects in the title to the property, or the incorrectness of the related search.

You need a way out, but you don't own any real property other than your car and it has a lien against it.

Tax lien: The IRS or a local taxing authority may file a claim against a defaulting tax debtor's property or assets for overdue or delinquent federal income or real estate taxes.

It is common for real property to have multiple liens against it.

Representative Trial Experience: • Rosa Construction, Inc. v. Capstone Builders, Inc. et al. v. Sterling Savings Bank, Montana Eighteenth Judicial District Court (2013): Five day jury trial resulting in the permanent discharge of Capstone's improper construction lien against Rosa's real property, affirming the priority of Sterling Savings Bank's mortgage on Rosa's real property, and awarding $ 1,425,000 in compensatory damages against Capstone for recording an improper lien on Rosa's real property and interfering with the Bank's mortgage interest.

It is intended to protect an owner's or a lender's financial interest in real property against loss due to title defects, liens or other matters.

Title insurance is a form of indemnity insurance which insures against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage liens.

Such are cases commenced by attachment against the property of debtors, or instituted to partition real estate, foreclose a mortgage, or enforce a lien.

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

(3) If the lien created by the Director under subsection (1) relates to real property, the Director may register the lien against the property of the person liable to pay the fine in the proper land registry office and on registration, the obligation under the lien becomes a charge on the property.

Failure to do so can result in license and / or registration suspension, garnished wages, or, in some states, liens can be made against your real estate or personal property.

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.

It is meant to protect an owner's or lender's financial interest in real property against loss due to title defects, liens or other matters.

Title Insurance Title insurance protects a real estate owner or lender against any loss or damage they might experience because of liens, encumbrances, or defects in the title to the property, or the incorrectness of the related search.

Title Holding Trusts or Land Trusts protect real estate investors and property owners, especially through the ability to negotiate, acquire, hold, manage and sell real or personal property in a confidential and private manner, as well as liens, judgments and clouds against legal title to the property.

Examples of disclosures pursuant to § 1026.38 (k)(2)(viii) include the satisfaction of outstanding liens imposed due to Federal, State, or local income taxes, real estate property tax liens, judgments against the seller reduced to a lien upon the property, or any other obligations the seller wishes the closing agent to pay from their proceeds at the real estate closing.

This insurance is split into a lender's policy and an owner's policy and is required for protection against future claims such as unpaid real property taxes, liens or other encumbrances that weren't discovered during the title history search.