Can a Lien be placed on Joint Property when the Judgment is against only one Owner
Full Question:
Can a lien be placed on a joint property if the judgment is on one person not both people who own the home?
11/01/2007 |
Category: Debts and Credit |
State: Maryland |
#11404
Answer:
If the creditor of one owner seeks to satisfy a judgment out of the jointly held property, that judgment holder can force a partition and sale of the property. It is therefore often recommended to have an agreement between joint tenants to provide for payment of the debt if a creditor seeks to attach the property.
ow