Posted on: 17th Mar, 2009 07:08 pm
If someone places a lien on a property of the prior owner after the deed is transfered in someone else name, does that lien follow the new owners and the property even though its against the prior owners?
Hi karl,
The new owner of the property will be responsible for the lien as the property is already transferred in his/her name. The old owner will not be responsible for it anymore though the lien was placed due to his/her fault.
It would have been better if the new owner of the property had asked the old owner to pay off the lien and get a lien release certificate and then transfer the property.
Thanks
The new owner of the property will be responsible for the lien as the property is already transferred in his/her name. The old owner will not be responsible for it anymore though the lien was placed due to his/her fault.
It would have been better if the new owner of the property had asked the old owner to pay off the lien and get a lien release certificate and then transfer the property.
Thanks
actually it should have been done beforhand only while dealing was on the way.Now it is the responsibility of the person who is new owner to adjust the payment for lien and then it will be cleared off from the title. :wink:
whoever the buyer is in this case does not have clear title as a result of this lien. was there legal representation involved in the transaction? it appears not, but if there was then you'd need to discuss this situation with said counsel so as to resolve the issue.
