The bottoming out of the real estate market has led to record numbers of mortgage foreclosures, confessed judgments, sheriff sales, mechanics’ lien problems, tax lien claims, and a host of lien priority questions. With more and more properties at risk for sheriff sale, how do you determine what liens will get paid and which ones will not? Using case scenarios to frame the issues, this book presents a guide through the finer points of divesting liens and understanding lien priority issues.
Summary of Contents:
Types of Mortgages | Real Property and Municipal Liens | Liens of the Commonwealth | Judgments | Mechanics’ Liens | Sheriff Sales and Tax Sales | Effect of Sheriff Sales on Real Estate Liens and Distributions | Community Associations and Cooperative Liens |Hypotheticals.
Number of Pages: 172