Legal Question in Real Estate Law in Georgia
payment of lien at closing
Can money owed on a lien be paid out of the money (equity) at the time of closing, out of the money received? (instead of paying the lien first, then doing the closing)?
Asked on 12/22/04, 7:36 pm
1 Answer from Attorneys
Harold Holcombe
Harold D. Holcombe, P.C.
Re: payment of lien at closing
Yes. Details need to be worked out with person filng the lien, but check can be disbursed at closing.
Answered on 12/23/04, 10:34 am