Can you rent a house with a lien on it?
Can you rent a house with a lien on it?
You can rent the house for as long as you own it. It is yours. The lien means nothing regarding the business relationship. Show me a tenant that does a lien search on a property before renting it and I’ll show you bigfoot.
Can a mechanic file a lien against a landlord?
Almost every commercial retail lease provides that the tenant shall not allow any materialman’s or mechanic’s liens to be filed against the landlord’s real property.
When is a landlord liable to a tenant’s lien?
However, the landlord’s liability in this regard is not unlimited. Instead, a landlord is liable only up to the total amount of any unpaid tenant improvement allowance at the time the contractor files its lien.
Can a contractor file a lien on a landlord?
Regardless of whether the landlord has granted the tenant an improvement allowance, in most states, materialmen must strictly comply with statutes governing the filing of liens. If the contractor fails to comply with any of the time, notice, or other statutory requirements, he will usually be precluded from perfecting his lien.
Almost every commercial retail lease provides that the tenant shall not allow any materialman’s or mechanic’s liens to be filed against the landlord’s real property.
Can a utility company place a lien on the landlord’s?
If you have a utility company that can and or will place liens on your property, pay it yourself, and bill it to the tenant. Also make sure that missed payments on utilities are an evictable offense. In my experience it is usually only the water company that can place a lien on the property. But YMMV.
However, the landlord’s liability in this regard is not unlimited. Instead, a landlord is liable only up to the total amount of any unpaid tenant improvement allowance at the time the contractor files its lien.
You can rent the house for as long as you own it. It is yours. The lien means nothing regarding the business relationship. Show me a tenant that does a lien search on a property before renting it and I’ll show you bigfoot.