Legal Question in Real Estate Law in Colorado
Levy on Property
I bought my residence (duplex) in 1995, there were 2 gentleman living in one side of the unit, they were on a month to month lease with the property co that managed the property since i was going to live in the property i gave them a notice to vacate, after 60 days they were gone they paid norent in that time so I used their damage dep to cover some of the rent, the filed a suit agaist me for damages because they had to move we went to court we both had laywers, and they sued me for moving expenses etc..i lost the court case and a judgement of approx. 2500.00 was issued against me.they never collected the judgement..now i have sold my property and saw they had issued a lein against my property i am due to close very soon, how do i go about trying to get the lein lifted?? what if these people cant be found?? i am a senior citizen and dont have much money to hire a laywer, but if i have to i will, i just want to sell my property..will this hold up the sale of my home?? please any information will be greatly appreciated..thank you.
1 Answer from Attorneys
Re: Levy on Property
The lien will have to be paid in order to obtain a release. If they cannot be located, see if the escrow company will deposit the $2500 in case they show up again.
Alternatively, pay the $2500 to the Clerk of the Court where the Judgment resides and produce the receipt to the escrow company.
There will be interest since 1995, so be sure that factor is calculated in the total.