Liens in Virginia
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Revision as of 19:42, 11 July 2018 by Davidjenkins (talk | contribs) (Created page with "==Liens== * Raise a requirement for any liens or pending lawsuits found in the Chain of Title: ** Civil Money Judgments become general liens on real property upon entry in the...")
Liens
- Raise a requirement for any liens or pending lawsuits found in the Chain of Title:
- Civil Money Judgments become general liens on real property upon entry in the court docket.
- All in personam liens attach to after-acquired property in Virginia.
- Clear any liens raised based on the following:
Statutes of Limitations | |
Child Support Liens | Child Support Liens act as a lien for twenty (20) years. Although the obligation to pay never expires, the lien itself will. |
Civil Money Judgments | Civil Money Judgments become a general lien on real property upon entry of judgment in the docket. They act as a lien for twenty (20) years and may be revived indefinitely for additional periods of twenty (20) years. |
Community Association Liens | Please escalate any questions. |
Construction/Mechanic's Liens | Mechanic's Liens expire after six (6) months unless a lawsuit to enforce lien is filed. |
Criminal Money Judgments | Criminal Money Judgment filed as an abstract of judgment in the Circuit Court act as a lien for twenty (20) years. [1] |
Federal Liens (non-FTL) | Federal Liens act as a lien for twenty (20) years. |
Federal Tax Liens | FTLs act as a lien for ten (10) years and thirty (30) days and may be revived. |
Financing Statements | Please escalate any questions. |
Lis Pendens | Please escalate any questions. |
Municipal Liens | Please escalate any questions. |
Purchase Money Security Instruments | Recognized. Please escalate any questions. |
Security Instruments | Security Instruments that have not been foreclosed can be clear if the following time period has passed:
|
State Tax Liens | STLs act as a lien for twenty (20) years. |
Other | Please Escalate SOL questions for all other lien types. |