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A property lien can impact your credit, keep you from selling your home and eventually — if you don’t pay off your debt – lead to losing your home. That’s why it’s so important to ...
Federal tax lien: The IRS can place a lien on your property due to failure to pay your federal taxes. This lien can cover your personal property as well as other real estate assets, any vehicles ...
concurrent lien—means one of two or more liens over the same property. consummate lien (United States)—a judgment lien arising after the denial of a motion for a new trial. conventional lien (United States)—a lien created by agreement between the parties in circumstances where the law would not otherwise create a lien.
A mechanic's lien is a security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property. The lien exists for both real property and personal property. In the realm of real property, it is called by various names, including, generically, construction lien.
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New York uses a system called "continuous codification" whereby each session law clearly identifies the law and section of the Consolidated Laws affected by its passage. [ 3 ] [ 4 ] Unlike civil law codes , the Consolidated Laws are systematic but neither comprehensive nor preemptive, and reference to other laws and case law is often necessary ...
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