Lien

A Lien is an encumbrance against the property, which may be voluntary or involuntary. There are many different kinds of liens, including a tax lien (for unpaid federal, state, or real estate taxes), a judgment lien (for monetary judgments by a court of law), a mortgage lien (when you take out a mortgage), and a mechanic's lien (for work done by a contractor on the property that has not been paid for). Learn more here about different kinds of liens.

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Use Quit Claim Deed To Retain Property After Divorce

Should you add your future spouse's name to property you bought prior to your marriage? If you add your future spouse's name to your house deed or title, that gives your future spouse some ownership of your house. If the marriage ends in divorce, you may ask your spouse to sign a quit claim deed, but your spouse may ask to be bought out of the property in order to sign the quit claim deed. What can you do both before and after marriage to protect your property?

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