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
Are you ready to unlock the secret to reaching your ideal audience? The key is market delineation! But what what does delineate mean? Join us on this real estate journey and uncover the ...
yard lumber about 2 inches by 8 inches. ...
So, you’re out and about your homebuying dream and then you stumble upon this question: what is a condominium? Like, you think you know what is a condo home, but it's so hard to ...
We all know what income is or what gross income means, but what is adjusted gross income? When a company calculates its income to determine their taxable income, they take the gross income ...
If action is undertaken in conformity with contractual provisions, legal responsibilities arise. The concept is that the person taking action must beware. ...
In taxation, the excess of total long-term gains minus total long-term losses on the sale of real estate. Long-term classification is for real estate held one year or more. This is reported ...
Measures looking at the past, current a future direction of the economy. They may have an impact on the real estate market. Each month government bodies, including the Federal Reserve ...
English architecture. This style has two levels with the second level typically overlaying the first story. The roof is high and the chimney is sculptured. ...
When we look at title policies, there are different types of coverages offered by title companies. Figuring out which one is the best option in your particular situation often depends on ...
Have a question or comment?
We're here to help.