Legal Question in Real Estate Law in Minnesota
lein on property
I have won a judgement in the amount of $20,000.00. The judge placed a lein on the property of the person I won the judgement agaisnt. May I foreclose on that property? It has been over eight motnhs and nothing is being done on this.
Asked on 5/15/07, 3:17 pm
1 Answer from Attorneys
Joel Hilgendorf
Hellmuth & Johnson, PLLC
Re: lein on property
There is a judgment execution process, which is similar to foreclosure. Judgment holders often do not execute on real property, because they typically have a low priority position on title. If they become the owner of the property, senior leins and mortgages survive the execution.
Feel free to email me directly with further questions.
Answered on 5/15/07, 3:23 pm
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