Judgment Lien On Personal Property With Mortgage In Mecklenburg

State:
Multi-State
County:
Mecklenburg
Control #:
US-0025LTR
Format:
Word; 
Rich Text
Instant download

Description

The Judgment Lien on Personal Property with Mortgage in Mecklenburg is a legal document that formalizes a court-ordered lien against personal property associated with a mortgage. This form serves as a notice that a judgment has been recorded, providing clear indication of the lien on all real property owned by the judgment debtor in Mecklenburg County. Key features of the form include the ability to list multiple judgment debtors and the option to enroll the judgment in additional counties where other properties may be owned. Filling out this form requires accurate details such as the names of the judgment debtors, the date of the judgment, and any additional properties in question. It is particularly useful for attorneys, partners, and associates in legal practices for securing interests, while paralegals and legal assistants can utilize it in managing property-related filings. The form aids in protecting client interests, ensuring compliance with local regulations, and streamlining property management processes in legal cases involving debts. Overall, the Judgment Lien on Personal Property with Mortgage in Mecklenburg is an essential tool for practitioners involved in real property and financial law.

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FAQ

The joint account held in the entireties, therefore, cannot be attached by a statutory lien, without the prior permission of the non-debtor account holder.

(2) The property is liable for obligations of both spouses and a judgment lien against both spouses upon a joint obligation attaches to the property which may be sold under execution to satisfy the judgment.

Household exemption typically includes clothing, furnishings, appliances, books, and other household items that are used as part of everyday residential existence.

All liens signify a debt is owed but it's important to note that not all liens are negative, and at times, are expected. A property owner can choose to place a lien on their property.

Yes, a lien may be placed on property that is jointly owned. However, the effects of that lien depend on the type of ownership that the property is under. Before discussing the terms of joint ownership, it's important that you understand exactly what liens are and what they may mean for you and your investment.

In North Carolina, a lien claimant has 120 days from the date of last furnishing to complete these 3 steps: Fill out a mechanics lien form that meets NC requirements. File the lien with the county recorder's office. Serve a copy of the lien on the property owner.

Yes, a lien may be placed on property that is jointly owned. However, the effects of that lien depend on the type of ownership that the property is under.

Household exemption typically includes clothing, furnishings, appliances, books, and other household items that are used as part of everyday residential existence.

Types of Liens in North Carolina The three most common types of liens are tax, mechanic, and judgement. Each one has specific guidelines to follow in order to file and enforce the lien.

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Judgment Lien On Personal Property With Mortgage In Mecklenburg