Who Can Put A Lien On Your House?
You know what is the truest answer to “who can put a lien on your house”?
Yourself.
We’re not trying to be smart here; it’s the truth. Failing to pay up a debt is what gives way for a lien to be put on an asset like a house, so, a broad answer to who can put a lien on your house is “almost anyone”, but if you pay up everything correctly the answer becomes “no one” – doesn’t that mean that, in the end, the person responsible for putting the lien on the house is yourself.
But yes, we know what you mean by “who can put a lien on your house”. You’re not interested in knowing that the person who puts (assigns) a lien to the house is a judge either; you want some specifics of the most common people that sue and obtain a judgment lien, right?
The IRS is a big lien holder. And their lien is statutory (automatic). No need for your consent or a lawsuit; if you fail to pay a lot of taxes, they can record a lien to recuperate the value owed.
Contractors can put your house on a lien if you don’t pay in full. And here’s a scary thing: maybe you did even pay in full but the contractor skipped one payment to the subcontractors. The subcontractor can put a lien on the house even though you did your part!
Ex-spouses typically put liens on the house as a way to guarantee the money they are owed if you fail to pay for child support and alimony.
And, of course, mortgages. But this one is voluntary; you agreed to have a lien put on your house when you signed the mortgage papers – and they weren’t even fine lines…
Now that we answered who can put a lien on your house, let us say this: if you’ve passed the “who” and is wondering “how to stop a lien on your property”; get a real estate lawyer! You won’t stand a chance without it.
Popular Real Estate Questions
Popular Real Estate Glossary Terms
When you hear a real estate agent talking about a client that's an empty nester, it means said client suffers from empty nest syndrome. But what is Empty nest syndrome? Empty nest ...
We call a concept ostensible when, at first sight, it appears to be accurate or valid. However, upon closer inspection, it proves to be a half-truth or completely false. For instance, Dale ...
Those parts of a condominium that are owned by all the unit owners. ...
Money earned or accrued during an accounting period that results in the increase in total assets. Items such as rental income. Revenues arising from the sales of real estate. The ...
To transfer a property title by deed or other instrument to another party. ...
A real estate contract whose terms have been completely satisfied. ...
Relationship between individuals or entities out of which exists a mutual interest. An example is a privity of contract among the contracting parties concerning the actions each are to take. ...
Excess of money or fair value of property received on sale or exchange over the carrying value of the property. An example is the sale of a building when the cash received exceeda its ...
Having a traditional salt box architecture with clapboard siding, the New England Colonial was enlarged for additional family members by adding extensions, often at the rear of the home. ...
Have a question or comment?
We're here to help.