---

warranty deed with lien covenants

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
judedel Joined: 25 Jun 2010 Posts: 1 1.00 Dollars($)	Posted: Fri Jun 25, 2010 6:06 am    Post subject: warranty deed with lien covenants Like 0 Dislike 0 What is it? Does that mean that the grantor still has rights? One of the lines on the warranty deed with lien covenants says "That the Grantors will forever WARRANT the title to said premises." Another line says "Subject to the trust fund provisions of section thirteen of the lien law."
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Sun Jun 27, 2010 9:12 pm    Post subject: Like 0 Dislike 0 Hi judedel, As far as I know, a lien covenant is a condition where the borrower has to comply with certain terms and conditions of the loan agreement. In case, the borrower does not act in accordance with the covenants, the lender can call the loan due and has the right to demand payment. You need to check out whether or not there is any lien on the property. If yes, then the original borrower needs to take steps to pay off the dues. Thanks

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0