You ask if a property tax lien purchased at a tax sale can be "transferred" if you "pay off" the holder. Generally, before a lien can be placed on a property (i.e., a real estate lien), the creditor must go to court and present evidence of the unpaid debt. Say you’re thinking about buying a house at a sheriff's foreclosure sale. Finding a buyer and selling your house is a great accomplishment, especially if the real estate market is down. You learn that a third party, who obtained a judgment against you, is about to record with the county recorder a However, there is a judgment lien on the property, as well as the mortgage. If the living trust was made by a husband and wife, the creditors of either spouse can enforce liens against the property in the trust. If I have restated your question correctly then the answer is "Yes," and "No." According to Farmer, this is an expensive option but a bond acts as security for the lien so you can go ahead and sell the property. A transfer of lien assigns the lien claimant's position in the lien to another party. Transfer Of Property To Avoid A Creditor’s Lien By Stephen B. Fainsbert, Esq. You must also have any co-owners' approval if applicable. With a judgment in hand, a creditor can attach a lien to the property of a debtor, including any homes. In fact, except for attorney fees for the transfer of property that may include a deed preparation fee, you can transfer real estate property to someone else with no money changing hands. The IRS’s federal tax lien can prevent taxpayers from legally transferring clear title to the property to another person. When the closing process begins, you may be surprised to find several liens on the title report. You will need permission of any lienholder before you can transfer the car. Creditors who sue you and obtain a judgment lien can place that lien against your property, including your home that was transferred to a living trust. For example, you can close the sale at the bank or credit union which holds the lien on the car. This is especially true when buying auction properties, as IRS tax liens are not removed at the time of sale. A release of lien discharges the lien and makes it not appear on a title policy issued for the property. Liens can be filed by an assortment of … You may not need to involve an attorney to create a particular deed if you already have all the information. Take out a bond. A transfer of lien assigns the lien claimant's position in the lien to another party. It is is possible to sell a property subject to a lien. If you’re worried about a lien being placed against your property without your knowledge, you can check to make sure that hasn’t happened since most property liens are public records. What Types of Liens Can Be Placed Against Real Property?. Liens usually attach to real estate, but they can also attach to personal property in some situations. We provide several real estate forms that can help you transfer property validly in your state. Then you will sign over title to the vehicle. A quit claim deed is often used to convey title without guarantees that the property is free of liens. A release of lien discharges the lien and makes it not appear on a title policy issued for the property. A lien attached to your property puts others on notice that you owe the creditor money. The cost to transfer a deed to another person can be minimal. Before you can sell your property and give clear title to a buyer, you must pay off the lien. 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