This is an official Florida Department of State form used when filing with the Division of Corporations.
A Tampa Florida Judgment Lien Certificate is a legal document that provides information regarding a particular judgment lien on real property in the Tampa area. A judgment lien arises when a creditor obtains a court judgment against a debtor and subsequently records the judgment with the county clerk's office, creating a lien against the debtor's property. This certificate contains essential details about the judgment, such as the names of the parties involved (creditor and debtor), the amount owed, the date of entry, and the court from which the judgment originated. It serves as public record, alerting potential buyers or lenders of the encumbrance on the property. In Tampa, there are generally two types of Judgment Lien Certificates: 1. Li's Pendent: Also known as a Notice of Pending Action, it is filed when a lawsuit is initiated but not yet resolved. This document informs interested parties that litigation is in progress, creating a cloud on the title until the case is resolved. 2. Final Judgment Lien Certificate: This type of certificate is issued after a judgment has been finalized and recorded. It confirms the specific court-ordered debt owed to the creditor and attests that it is legally enforceable against the debtor's property. Having a Judgment Lien Certificate in Tampa Florida can affect the marketability and value of a property. Prospective buyers or lenders may hesitate to purchase or finance a property with an outstanding judgment lien unless the creditor is willing to release or negotiate the lien. It is crucial for individuals and businesses to address judgment liens promptly to avoid potential complications in future real estate transactions. Seeking legal advice and exploring options, such as negotiating a settlement or filing for bankruptcy, may provide strategies to resolve the issue effectively. Remember, a Tampa Florida Judgment Lien Certificate is a significant legal document that should be taken seriously, as it can have substantial implications for both debtors and creditors involved in real estate transactions.A Tampa Florida Judgment Lien Certificate is a legal document that provides information regarding a particular judgment lien on real property in the Tampa area. A judgment lien arises when a creditor obtains a court judgment against a debtor and subsequently records the judgment with the county clerk's office, creating a lien against the debtor's property. This certificate contains essential details about the judgment, such as the names of the parties involved (creditor and debtor), the amount owed, the date of entry, and the court from which the judgment originated. It serves as public record, alerting potential buyers or lenders of the encumbrance on the property. In Tampa, there are generally two types of Judgment Lien Certificates: 1. Li's Pendent: Also known as a Notice of Pending Action, it is filed when a lawsuit is initiated but not yet resolved. This document informs interested parties that litigation is in progress, creating a cloud on the title until the case is resolved. 2. Final Judgment Lien Certificate: This type of certificate is issued after a judgment has been finalized and recorded. It confirms the specific court-ordered debt owed to the creditor and attests that it is legally enforceable against the debtor's property. Having a Judgment Lien Certificate in Tampa Florida can affect the marketability and value of a property. Prospective buyers or lenders may hesitate to purchase or finance a property with an outstanding judgment lien unless the creditor is willing to release or negotiate the lien. It is crucial for individuals and businesses to address judgment liens promptly to avoid potential complications in future real estate transactions. Seeking legal advice and exploring options, such as negotiating a settlement or filing for bankruptcy, may provide strategies to resolve the issue effectively. Remember, a Tampa Florida Judgment Lien Certificate is a significant legal document that should be taken seriously, as it can have substantial implications for both debtors and creditors involved in real estate transactions.
