couldn’t obtain a mechanic’s lien on a customer’s house to secure payment of work he did on her car. To qualify for a mechanic’s lien, the claimant must file a sworn statement describing the work done, the contract made, and the materials furnished that permanently improved the real estate. • Family Law Real Property Lien: In a matrimonial action suit brought forth in the State of California, for example, a spouse may file a lien against his or her interest in mutually owned real estate to secure payment of attorney fees accrued in the action. The lien affects only the filing spouse’s interest in the property. Please check your individual state and municipal laws or a local attorney for guidance. • Condominium Association Lien: Condominium liens are strong tools granted by statute to condominium associations to ensure unit owners pay their assessments for common expenses in a timely manner. They vary by state. A lienholder doesn’t obtain any ownership or hold the property title. However, a lienholder is granted certain rights regarding the property, namely, a share in the sales proceeds if the loan isn’t paid off and the property is sold. Lienholders can’t place themselves on to the title to obtain ownership. The main right of a lienholder is to have priorities from the proceeds of a sale in the event of a default on payments or a foreclosure.
Only in rare circumstances do creditors demand the sale or
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