A common-law lien is the right of one person to retain in his possession property that belongs to another until a debt or claim secured by that property is satisfied. It pertains exclusively to personal property. This form is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
A New Hampshire Notice of Lien and of Sale of Personal Property Pursuant to Non-Statutory Lien is a legal document that provides notice to a debtor that their personal property has been or will be subject to a non-statutory lien. This notice informs the debtor that the property may be sold to satisfy the outstanding debt. Keywords: New Hampshire, Notice of Lien, Sale of Personal Property, Non-Statutory Lien, debt, debtor. Types of New Hampshire Notice of Lien and of Sale of Personal Property Pursuant to Non-Statutory Lien: 1. Mechanic's Lien: This type of lien is commonly used in the construction industry when a contractor, subcontractor, or supplier has not been paid for services or materials provided. The lien allows them to claim a legal interest in the debtor's personal property as security for the outstanding debt. 2. Tax Lien: A tax lien is imposed by the government when a debtor fails to pay their taxes. It gives the government the right to seize and sell the debtor's personal property in order to recover the unpaid tax debt. 3. Judgment Lien: A judgment lien is created when a creditor wins a lawsuit against a debtor and obtains a court judgment for the amount owed. This allows the creditor to place a lien on the debtor's personal property, which can be sold to satisfy the judgment. 4. HOA Lien: Homeowners' associations (Has) can place a lien on a property owner's personal property if they fail to pay their dues or comply with the association's rules and regulations. The HOA can then initiate a sale of the personal property to recover the debt owed. 5. Storage Facility Lien: Storage facilities have the right to place a lien on a tenant's personal property if they fail to pay their storage fees. This lien gives the facility the authority to auction off the tenant's belongings to recoup the unpaid rent. In conclusion, a New Hampshire Notice of Lien and of Sale of Personal Property Pursuant to Non-Statutory Lien is a crucial document that informs debtors about the potential sale of their personal property to satisfy the outstanding debt. Different types of liens can be imposed, including mechanic's liens, tax liens, judgment liens, HOA liens, and storage facility liens.A New Hampshire Notice of Lien and of Sale of Personal Property Pursuant to Non-Statutory Lien is a legal document that provides notice to a debtor that their personal property has been or will be subject to a non-statutory lien. This notice informs the debtor that the property may be sold to satisfy the outstanding debt. Keywords: New Hampshire, Notice of Lien, Sale of Personal Property, Non-Statutory Lien, debt, debtor. Types of New Hampshire Notice of Lien and of Sale of Personal Property Pursuant to Non-Statutory Lien: 1. Mechanic's Lien: This type of lien is commonly used in the construction industry when a contractor, subcontractor, or supplier has not been paid for services or materials provided. The lien allows them to claim a legal interest in the debtor's personal property as security for the outstanding debt. 2. Tax Lien: A tax lien is imposed by the government when a debtor fails to pay their taxes. It gives the government the right to seize and sell the debtor's personal property in order to recover the unpaid tax debt. 3. Judgment Lien: A judgment lien is created when a creditor wins a lawsuit against a debtor and obtains a court judgment for the amount owed. This allows the creditor to place a lien on the debtor's personal property, which can be sold to satisfy the judgment. 4. HOA Lien: Homeowners' associations (Has) can place a lien on a property owner's personal property if they fail to pay their dues or comply with the association's rules and regulations. The HOA can then initiate a sale of the personal property to recover the debt owed. 5. Storage Facility Lien: Storage facilities have the right to place a lien on a tenant's personal property if they fail to pay their storage fees. This lien gives the facility the authority to auction off the tenant's belongings to recoup the unpaid rent. In conclusion, a New Hampshire Notice of Lien and of Sale of Personal Property Pursuant to Non-Statutory Lien is a crucial document that informs debtors about the potential sale of their personal property to satisfy the outstanding debt. Different types of liens can be imposed, including mechanic's liens, tax liens, judgment liens, HOA liens, and storage facility liens.