What types of liens are attached to commercial real estate properties?

In California, liens are a set of legal rights attached to commercial real estate properties. A lien is a type of security interest, like a mortgage. Liens can be held by the owner of the property, lenders, or the government, depending on the type of lien. There are three main types of liens that are usually attached to commercial real estate properties in California. The first type of lien is a voluntary lien. Voluntary liens are loans or mortgages, secured by the property that the owner has voluntarily agreed to. This type of lien is held by the lender and gives them the legal right to seize the property if the loan is not paid. The second type of lien is an involuntary lien. Involuntary liens are generally imposed by the government, such as unpaid property taxes or unpaid assessments, and they give the government the legal right to take the property if payment is not made. The third type of lien is a judgment lien. This type of lien is placed on the property by a court as a result of losing a lawsuit, and it gives the plaintiff the right to take possession of the property once the court’s judgment is paid. All three types of liens can be attached to commercial real estate properties and they typically remain attached until they are satisfied, either by payment or through a release of lien. These liens can make it difficult for a commercial property owner to sell or get credit on the property until all liens are satisfied.

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What types of liens are attached to commercial real estate properties?

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