Sentences with phrase «liens against the property for»

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.

They Can Put A Lien On Your Property Canada Revenue Agency has a right to put a lien against your property for outstanding debt you may owe them.

If property taxes aren't paid, they accumulate penalties, and eventually, the taxing authority will place a lien against the property for which taxes are due.

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.

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.

may place a lien against the property for any and all claims, fines, demands, suits, and / or damages.

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.

• Tax Service Fee - A fee paid to a tax service agency to look for delinquent property taxes and alert the mortgage company to prevent tax liens from existing against their mortgagors» homes.

Lien A legal claim against one's property as security for due payment.

If a loans meets the following tests, it is covered under the law: 1) For a first - lien loan otherwise referred to as the original mortgage on the property - the Annual Percentage Rate (APR) exceeds by more than 8 percentage points compared against the rates on Treasury securities of comparable maturity; 2) For a second - lien loan otherwise referred to as a 2nd mortgage - the APR (Annual Percentage Rate) exceeds by more than 10 percentage points compared to the rates in Treasury securities of comparable maturity; or the total points and fees payable by the borrower at or before closing exceed the larger of $ 561 or 8 % of the total loan amount.

For most buyers, you will find out about a lien against a property when your lawyer performs a title search.

When you pay off the judgment amount, the creditor will release the lien it holds against your home — freeing up the property for sale.

Liens are a lender's claims against the value of property used as collateral for a loan.

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.

Borrower can not be delinquent on any tax or non-tax debts and there can be no judgment liens against the borrower's property for a debt owed to the Federal Government.

A subordination agreement will be required for any judgment that is also a lien against the borrower and / or the subject property.

Liens or claims against the property or the property owner (unpaid taxes or bills for water service)

A lien, charge or liability against a property that affects or limits the ability to file a fee simple title, or affects the value of the property, for example, mortgages or easements.

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.

For example, if you've lost investment property to foreclosure and a deficiency judgment has been entered against you, a subsequent lien on your primary residence may remain even after the bankruptcy.

You can never rely on a seller to know for sure whether there are liens against the property in a short sale.

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.

Where a lien claimant registers a lien on a property that shouldn't be liened, or files a greatly exagerrated lien, section 35 of the Construction Lien Act allows anyone affected by the lien to bring a claim for damages against the lien claimlien claimant registers a lien on a property that shouldn't be liened, or files a greatly exagerrated lien, section 35 of the Construction Lien Act allows anyone affected by the lien to bring a claim for damages against the lien claimlien on a property that shouldn't be liened, or files a greatly exagerrated lien, section 35 of the Construction Lien Act allows anyone affected by the lien to bring a claim for damages against the lien claimlien, section 35 of the Construction Lien Act allows anyone affected by the lien to bring a claim for damages against the lien claimLien Act allows anyone affected by the lien to bring a claim for damages against the lien claimlien to bring a claim for damages against the lien claimlien claimant.

Structal filed a builder's lien against the stadium property for the full amount of past due and future invoices, the statutory holdback and costs of delay.

3 The strata corporation claims a lien under section 116 of the Strata Property Act for the amount owing under paragraph 2 against the strata lot described below.

For example, the Attorney General can intercept a noncustodial parent's federal tax refund and file liens against his property.

The attorneys insist that under Nevada law NRS 16.3116, in foreclosure situations, the assessments and costs that can be levied against delinquent properties «are limited to nine months immediately preceding institution of an action to enforce the lien unless federal regulations adopted by Fannie Mae or Freddie Mac require a shorter period of priority for the lien in which case the nine month period is reduced to a six month period.»

The court awarded the broker a judgment for her share of the commission, which, once recorded, would constitute a lien against the property.

Contractor Liens Unpaid contractors who have done work on your home can file a lien against your property if the work they did wasn't paid for.

Auction.com has a good amount of info available incl auction date, location etc. you still need to dig for unpaid taxes and any liens against the property.

Liens can no longer be placed against a property for a bill belonging to a tenant.

Have you ever listed a house for a client, only to find out that there are liens registered against the property that will hinder the closing?

«For slander of title to be actionable the statement, which can be a lien, a certificate of pending litigation («CPL»), or other notices against title, must operate as a cloud upon the plaintiff's rights to the property at issue which makes third parties shun and avoid the plaintiff's property from a commercial point of view....

(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.

You fund the escrow account before closing and get a recorded lien against the very property being flipped for full collateral along with a rate of return that you're happy with.

Concerns for these properties can include the condition of the home and how much repair costs will be needed to make it habitable and / or other liens pending against the property, among other issues.

You see, since the financing for the HERO program is a tax lien and it is paid with your property taxes, it takes first position over other liens against the property (i.e. mortgage lenders).

A lien, charge or liability against a property that affects or limits the ability to file a fee simple title, or affects the value of the property, for example, mortgages or easements.

At closing, Bill pays Sam a $ 21,000 down payment (10 %) and gives Sam a promissory note for the balance of the purchase price ($ 189,000), plus a deed of trust or wraparound mortgage securing Sam's lien against the property.

Lenders will usually negotiate with the IRS to get rid of all liens or claims against the property before putting it back up for sale.

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.

For example, if the lender is foreclosing its second mortgage, the first mortgage will still be a valid lien against the property.

- Do your own inspection so you know what needs to be repaired - When you have it under contract, do a title search so you know if there are any liens against the property and how much they're for - You can check with the building inspection or permit department to ensure that any required permits have been pulled for any work that appears to have been done - Check market rents in the area if you plan to hold as a rental, and call the utility companies to get past utility bill information

For example, any contractors or banks with liens against a foreclosed property are entitled to collect from the proceedings of an auction.

Each state has its own statute of limitations for tax liens or state liens against 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.