What Is a Property Lien? A lien is a legal claim against a property that secures payment of a debt. Until that debt is satisfied or otherwise resolved, the lien typically must be cleared before the property can transfer with clear title to a new owner. Liens can attach to a property even without the …
Read more Understanding Property Liens and How They Affect an Ohio Home Sale
Deeds: The Document That Transfers Ownership A deed is the legal document that actually transfers ownership of real property from one party to another, and the specific type of deed used matters quite a bit. A general warranty deed offers the strongest protection available, with the seller guaranteeing clear title going back through the full …
Read more Deeds, Liens, and Closing Documents: A Buyer’s Glossary
Buying or selling a property in Ohio comes with a lot of moving parts. One issue that can stop a transaction in its tracks — or at least slow it down — is discovering a lien on the property. If you're a buyer, seller, real estate agent, loan officer, or business owner involved in a …