Sentences with phrase «previous liens on the property»

But before that can happen, the lender needs to make sure there are no other previous liens on the property that would take priority over the lender's filing.

Not exact matches

A similar new law in Virginia allows a locality providing water or sewer service to place a lien on a property in the amount of the number of months of nonpayment, versus up to three months under a previous statute.

If, however, the title examiner overlooked a judgment, tax, or mortgage lien on the property or failed to note it in the title exam, the buyer would be liable to pay the lien incurred by the previous owner.