What Are Liens?

What are liens? Liens are charges against property. A lien is a charge. So let's say you live in a community where the real estate taxes are paid once a year. If you do not pay the taxes, the debt can become...

A lien is a charge. So let's say you live in a community where the real estate taxes are paid once a year. If you do not pay the taxes, the debt can become a lien on your property. If your property is in a subdivision with a home loan association and you pay them $200 a year to the homeowners association, they can start to foreclose your property in their name.


Title companies check for liens so that you do not get any surprises when buying the property. The lien must be dealt with. It either must be paid. It must be subordinated. It must be bonded off, or it must be fought in court and removed. This has to happen before the closing can continue.

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