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Property Lien Attorney in Queens

Liens Placed on Properties by Creditors

When an owner of real estate property has stopped making payments to a creditor, that creditor can file a property lien in order to obtain the money for the debt. Property liens are public records that show that property owners owe money to certain creditors. When individuals have liens on their properties, they end up having property titles that are considered "unclear"—with payment on the lien being required to get the titles "clear" again. While it is not impossible, it can be difficult to get a property sold or refinanced when one's title is unclear.

Another type of lien that might be placed on a property is a construction lien, which is also known as a mechanic's lien. These are liens that are used by contractors to ensure that they are paid for services that they performed on properties. When these contractors are not paid what they are owed, the properties that are subject to the liens can end up being sold so the construction debts can be paid back. Enforceable written contracts must have been established in order for contractors to be able to successfully file property liens.

While liens give creditors the right to have the property sold off through foreclosure, this is not always in the creditors' best interest. Instead, many creditors will choose to use the liens to obtain proceeds from non-foreclosures sales or refinancing of the property.

Consult with a Knowledgeable Queens Real Estate Lawyer

Whether you have had a lien placed on your property or you are filing a lien in order to obtain payment on a debt, we advise you to consult with a Queens real estate attorney from law firm, Pollak & Slepian, L.L.P. Their legal team is highly experienced and fully knowledgeable about real estate law, including how property liens and foreclosures work. Contact their office so we can help you protect your best interests!

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.
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