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Foreclosure Forum |
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Re: Slipped through the cracks??In Reply to: Slipped through the cracks?? posted by Ward-CA- on October 07, 2003 at 0:01 AM : : Ward or anyone who could help me out there, : : I would like to know if a Title co. could close and record on a refinance transaction if there's an outstanding judgement lien on a house that has not been pay off yet? : : I placed the judgement lien on the homeowner on May 5, 2003 because the homeowner owes me money and I just found out today that the homeowner just recently refinance their home without paying off the lien. I thought the purpose of the judgement lien was for me to get paid off when the homeowners refinance or sale their home. Am I wrong or am I right? : : Who is at fault for this transaction and who could I go after for screwing this up? The Title Co.? The Mortgage broker? or The Lender? : : And do you know any really good real estate lawyers out there for this situation? : : Thanks, : : Vince : Vince, : I wonder if the title to the property was in the judgment debtor’s name? If not—if it was in the name of a trust, a limited partnership, an LLC, or a corporation then the judgment wouldn’t attach to the property’s title. : Title to real property has to be in the name of the judgment debtor for the recorded judgment to attach to the title of the property. : I also would double check to see if the judgment was recorded in the county recorder’s office and not just reposing in the case file at the court. : If you are in a Southern California county we could check this out. : Hope this helps.
I know judgments are good for 10 years in Ca. and may be renewed every 10 years, is this based on the recording date, or the date that a judgment was awarded.
Travis
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