How property Lien works in real estate

Augusta

VIP Contributor
A property lien is a notice that can be attaches to a property by creditors or contractors. This is an indication telling everyone that a creditor claims you owe the property some money.

Creeditors can use Property liens to get their debt on a property paid by the property holder. . A property lien can be seen as a legal claim to specific assets that have been granted by the courts.

For property lien to work and be recognised a creditor must file and get approval . The approval for a property lien should be via a state agency or a county records office .
 
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