Eddy's Blog

Judgments A judgement is the final determination of the rights of parties in a lawsuit by the court. A judgement does not automatically create a lien. A summary of the court decision known as an abstract of judgment, must be recorded with the county recorder. When the abstract of judgment is reco...

Lis PendensA lis pendens (also called a pendency of action) is a recorded notice that indicates pending litigation affecting the title on a property. It clouds the title, preventing the sale or transfer of the property until the lis pendens is removed, the action is dismissed, or final judgement ...

Tax Liens and Special Assessments If for any reason government taxes, such as income or property taxes are not paid, they become a tax lien against the property. Special assessments are levied against property owners to pay for local improvements, such as underground utilities, street repair, or ...

Determining the starting time for a mechanic`s lien is very important, Mechanic`s liens have priority as of the date work began or materials were first furnished for the particular job. A mechanic`s lien has priority over any other liens filed after the commencement of labor or delivery of materi...

----------Mechanic`s Lien Time Line------------Here are the major events to be followed, in a timley manner whenever improvement of real property is done.(1) Work Commences(2) Preliminary 20 - Day Notice (3) Work Completed(4) Notice Of Completion Recorded(5) Lien Recorded (6) Foreclosure Action a...

My good AR business associate and fellow new father of a beautiful newborn baby  Scott Gormley from Oak Valley Mortgage was kind of enough to laser "tag" me. In his blog ----------------- >http://activerain.com/blogsview/27527/Doctor-Spark-It-Just  He mentioned five things about himself that nobo...

Here are the formal procedures for placing a mechanics lien on a property in the state of California: •(1)     Preliminary Notice: A preliminary notice is a written notice that must be given to the owner within 20 days of first furnishing labor or materials for a job anyone eligible to file a mec...

Mechanic`s  liens may be placed against a property by anyone who supplies labor, services, or materials used for improvements on real property and who did not recieve payment for the improvements. Therefore, a  contractor, sub-contractor, a laborer on a job, any person who furnishes materials suc...

A lien is defined as an obligation pay a money encumbrance that may be voluntary or involuntary. An owner may choose to borrow money , using the property as security for the loan , creating a voluntary lien. What many people dont know is that a voluntary lien does NOT have to be recorded. Typical...

A Encumbrance is defined as an interest in real property that is held by someone who is not the owner. Anything that burdens or affects the title or the use of the title is an encumbrance. A property is considered to be "encumbered" when burdened with legal litigations against the title. Encumbra...