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Are you notified if a lien is placed on your property?

Most states require that the homeowner is notified in some way that a lien is being placed on the property. Sometimes, even if you have paid your contractor, you can find a lien threatening your title from subcontractors who still are owed by the contractor.

What are the different kinds of lien?

Of the three types of liens (consensual, statutory and judgment,) the judgment lien is the most dangerous form, but one which the informed business owner may be able to eliminate. A judicial lien is created when a court grants a creditor an interest in the debtor's property, after a court judgment.

What is the most common type of lien?

The most common type of lien is a mortgage. This is a lien taken by a mortgage lender whenever it provides a loan against a piece of property.

Where are liens recorded in Florida?

Judgment liens on personal property in Florida are filed with the Florida Department of State.

What types of liens are there in Florida?

There are three different types of liens small business owners need to be aware of: Consensual, Statutory, and Judgement.

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