Sentences with phrase «liens against the owner»

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 perLien 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 perlien 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 premiLien Act by registering a claim - for - lien against the «owner's interest» in the premilien 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.
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