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Can a seller transfer a deed to the buyer if a federal tax lien is against the property and can the property be settled?
NO. You cannot transfer the ownership of the property UNTIL the lien is paid off, in full.
If there is a judgment lien on a property can any one of the co-owners be removed from the deed?
No, there can be no title transfer, sale or refinancing until the lien is paid.
Can you quit claim a home with a lien?
Fill out the quit claim deed. It will not relieve you of your responsibility for the lien and it takes away all of your rights in the property. In most cases the lien will have to be satisfied before the transfer can be completed and any change of ownership recorded.
Can you transfer property with an outstanding mortgage by deed before a lien is placed on the property?
You could, but I wouldn't recommend it, at least certainly not without a written disclosure of the pre-existing lien. Depending on when the new deed is recorded, the mortgage may then be outside the chain of title. You do not mention whether you plan on paying off the mortgage, which is an important factor.Another PerspectiveIt sounds as though you want to transfer your property, that is subject to a mortgage, to a new owner before a creditor can record a lien. That is not a good idea. First, mortgages in the US have a due on transfer clause. The lender can demand payment in full upon any change in ownership. Second, a deed transfer for the purpose of avoiding creditors can be voided by a court.
Can a lien be put on a property deed if the deed has several different names?
Yes. The lien can be recorded against any one property owner's interest.
What is the difference between a transfer of lien and release of lien?
A transfer of lien assigns the lien claimant's position in the lien to another party. A release of lien discharges the lien and makes it not appear on a title policy issued for the property.
If an attorney is going to put a lien on your property because of a judgment from 9 years ago can you do a quick deed transfer to avoid the lien and still be able to sell the house?
Yes, however, once the deed is transfered only the owner can sell the house. The owner will incure the taxes on the income therefore, having to keep the money, hence there being a paper trail. Therefore, you are screwed.
What counties in Texas can use a warranty deed with vendors lien?
A warranty deed with a vendor's lien can be recorded in the public records in all counties in Texas (as well as in most other states).
Does a deed for property complete ownership if it hasn't been recorded yet in NJ?
No. Only you and the grantor know you own the property. You need to record your deed in the land records to notify the public that the land has a new owner. If someone records a lien against the record owner before you record your deed the land will be subject to that lien as long as your deed has not been duly recorded.No. Only you and the grantor know you own the property. You need to record your deed in the land records to notify the public that the land has a new owner. If someone records a lien against the record owner before you record your deed the land will be subject to that lien as long as your deed has not been duly recorded.No. Only you and the grantor know you own the property. You need to record your deed in the land records to notify the public that the land has a new owner. If someone records a lien against the record owner before you record your deed the land will be subject to that lien as long as your deed has not been duly recorded.No. Only you and the grantor know you own the property. You need to record your deed in the land records to notify the public that the land has a new owner. If someone records a lien against the record owner before you record your deed the land will be subject to that lien as long as your deed has not been duly recorded.
What happens if a Quit Claim Deed is executed and before it is recorded an Attorney Lien is recorded on the property even though the person owing the debt is the one who executed the quit claim deed?
The lien is valid. A quit claim deed merely transfers the seller's interest in the property; it doesn't guarantee that the deed is free of any encumbrances - for that, one needs a warranty deed.
How do you transfer a car title with a lien?
You can only transfer a car title with a lien if the leinholder agrees to the transfer. The usual way is to pay off the loan as part of the purchase or transfer transaction, using part of the sales price for that and thus removing the lien.
Is a will the same as a sale deed?
No a will is not a deed. However, a probated will can transfer legal ownership of real property without the need of a deed.No a will is not a deed. However, a probated will can transfer legal ownership of real property without the need of a deed.No a will is not a deed. However, a probated will can transfer legal ownership of real property without the need of a deed.No a will is not a deed. However, a probated will can transfer legal ownership of real property without the need of a deed.
