asked 131k views
0 votes
Hat lien prevents an owner from selling during a suit?

a) CC&R
b) Specially attachment
c) Special Lien
d) Attachment lien

asked
User Scvnc
by
8.2k points

1 Answer

4 votes

Final answer:

The lien that prevents an owner from selling during a lawsuit is the attachment lien. An attachment lien is a legal claim placed on a property by a creditor to secure the payment of a debt.

Step-by-step explanation:

The lien that prevents an owner from selling during a lawsuit is the attachment lien. An attachment lien is a legal claim placed on a property by a creditor to secure the payment of a debt. It is typically used as a means of enforcing a judgment or lawsuit against the property owner.

Unlike other types of liens, such as a mortgage or a mechanics lien, an attachment lien is specific to a lawsuit. It is created when a creditor obtains a court order authorizing the attachment of the property. This prevents the owner from selling the property until the lawsuit is resolved and the debt is paid off.

For example, if a property owner is being sued for unpaid debts and a creditor obtains an attachment lien on the property, the owner cannot sell the property until the lawsuit is settled and the debt is satisfied.

answered
User RD Florida
by
8.2k points