Types of Lien
A construction lien is a claim made against a property by a contractor or other professional who has supplied labor or materials for work on that property. Construction liens are designed to protect professionals from the risk of not being paid for services rendered.
A federal tax lien is the government’s legal claim against your property when you neglect or fail to pay a tax debt. The lien protects the government’s interest in all your property, including real estate, personal property and financial assets.
Judgment Liens, Child Support, and Alimony Liens If a homeowner has been successfully sued, the winning party can place a judgment lien on the homeowner's property should the homeowner fail or refuse to pay the entire judgment amount.
In lien theory states, on the other hand, the borrower takes the legal title to the property while a lender holds a mortgage lien over it. A lien, you may recall, is a non-possessory security interest in a piece of property.
Investing in property tax liens can be a viable option for experienced investors who are familiar with the real estate market.
A federal tax lien is the government’s legal claim against your property when you neglect or fail to pay a tax debt. The lien protects the government’s interest in all your property, including real estate, personal property and financial assets.