Eventually, the corporation filed
liens against the owner's unit for unpaid common expenses and legal fees.
If the unit owner failed to pay a costs award then the corporation would be in a position to file
a lien against the owner's unit.
Both of these cases stress how important it is for the board and management to do their homework before assigning responsibility to a unit owner for a plumbing leak or blockage and then proceeding to register
a lien against the owner's unit.
The supplier filed a counterclaim to foreclose on its construction
lien against the owners as well as a breach of contract claim against the general contractor.
If an owner fails to make a payment for common expenses, the corporation has an automatic
lien against the owner's unit.
In the recent case of Toronto Condominium Corp 1462 v Dangubic, the condominium corporation registered
a lien against an owner's unit for recovery of legal costs incurred by the corporation in relation to «compliance letters» sent by the corporation's legal counsel to the owner.
In 2009 the Corporation filed
liens against the owners» units and subsequently commenced power of sale proceedings.
Section 116 of the Strata Property Act gives a strata corporation the authority to register
a lien against an owner's strata lot under certain circumstances in a prescribed form — Form G - Certificate of Lien.
Not exact matches
The placement of a property on the
Lien Sale list means the City can sell the lien it placed against the property to a third party private entity if the property owner does not pay off his or her debt to the City, or enter into a payment agreement with the City, within a specified per
Lien Sale list means the City can sell the
lien it placed against the property to a third party private entity if the property owner does not pay off his or her debt to the City, or enter into a payment agreement with the City, within a specified per
lien it placed
against the property to a third party private entity if the property
owner does not pay off his or her debt to the City, or enter into a payment agreement with the City, within a specified period.
Other issues addressed by the Dear Author blog include tax
liens filed
against the company
owner by the Ohio Department of Taxation.
A person or organization with a legal claim, or
lien,
against a property, typically because that person or organization has loaned money or performed services for the
owner of the property.
Public records contain information about the history of the property, the description of the property, the
owner of the property and whether or not there are
liens against the title.
Liens or claims
against the property or the property
owner (unpaid taxes or bills for water service)
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.
A
lien placed
against a former
owner after a quit claim deed is filed at the clerk's office can be nullified by a judge.
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.
«Some property
owners in Argentina are inhibited from selling because of
liens against their homes.
For instance, the bank can refuse to give you a mortgage if the home has a
lien against it, if there's a health advisory, the
owners owe back taxes or the house is deemed overvalued by the appraiser.
Successfully represented a design and engineering firm in a trial
against the project
owner and construction lender concerning the validity and priority of its mechanic's
lien over encumbrance of mortgager; obtained judgment for full amount and first priority of the
lien, plus a substantial award interest and attorney's fees.
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.
Our firm also has successfully represented
owners in defense of wrongful and inflated
lien claims asserted
against their property.
Defended
owners, lenders, and title insurers
against claims of forged deeds, mortgages, missing interests, and discharges of
liens.
Brook applied to the court to vacate the
lien on the two grounds: that Blackwood failed to commence an action naming the Crown as
owner, and that it can't claim a
lien against Crown land.
Defended
owners, lenders, and title insurers
against claims of forged deeds, mortgages, and discharges of
liens.
According to the Court, the contractor has «nothing to lose» by vacating the
lien against one unit, where the unit
owner pays for the unit's share of the
lien.
Can an individual unit
owner pay his or her proportionate interest in the
lien, and require the contractor to discharge the construction
lien as
against his or her unit only?
In a recent case, Washington v. Y.C.C. No. 441, a commercial condo unit
owner successfully sued the condominium corporation after the corporation registered a
lien against his unit for repair costs related to clearing a blockage in the plumbing system.
If the
owner of a POTL fails to pay the common expenses attributable to his or her freehold parcel of land, the common elements condominium corporation has the right to register a common expense
lien against the POTL.
A subcontractor who fails to register a construction
lien faces an uphill battle in asserting a claim in unjust enrichment
against the
owner.
The unit
owner brought a separate application seeking an order that the
lien for legal costs which was registered
against the unit, be vacated.
After numerous compliance letters had been sent to the
owner and the noise continued, the corporation registered a
lien against the unit for the legal fees it incurred in seeking compliance with the condominium documents.
A
lien is a form of security interest placed
against an item of property in order to secure the payment of a debt or other obligation from the
owner of the property.
You'll also have to consider title insurance, which insures
against any outstanding
liens, misfiled deeds or any other issues with former
owners.
The contractor disagrees and decides to seek relief under the Construction
Lien Act by registering a claim - for - lien against the «owner's interest» in the premi
Lien Act by registering a claim - for -
lien against the «owner's interest» in the premi
lien against the «
owner's interest» in the premises.
I both sell and purchase properties via the lease option method and one of my protections as the lease option buyer is knowing that the seller /
owner can not sell or refinance the house out from under me as long as I have that recorded option
against the property effectively creating a
lien.
As of 2015 the city can no longer put a
lien against a property for unpaid water or utility unless the unpaid bill belonged to the actual
owner of said 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.
However, hidden hazards may lurk under the surface of a transaction in the form of an outstanding
lien, pending legal action
against the property, possible tax issues and more, all of which could place a severe financial burden on the new
owners.
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.
A property's title lists who owns it and any
liens against it, which
owners are often unaware of.
the interest or value that the
owner has in real estate over and above the
liens against it.
The land trust also shields the property
against other
liens and judgments that could be levied
against the
owner during his / her time of financial duress.
A policy of title insurance usually insuring an
owner of real estate
against loss occasioned by defects in,
liens against or unmarketability of the
owner's title.
For example, if the current
owner has federal tax
liens filed
against the property, those will have to be settled before a loan will be placed.
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.
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.