A lien created by operation of law. (Examples: Abstract of Judgment, Child Support Lien, Federal Tax Lien, State Judgment, State Tax Lien)
A voluntary lien is a type of lien that exists because of an action taken by a debtor. (Examples: Deed of Trust, Purchase Money Deed of Trust, Home Equity Security Instrument, Mechanic’s Lien Contract, etc.)
The process of taking legal action.
Owner and Encumbrance Report:
A report setting out apparent current owner(s) and liens encumbering subject property.
Title Certificate (a/k/a Title Report):
A report setting out apparent current owner(s), liens, restrictions, easements, agreements, and leases.
50 Year Deed Chain Report:
A report setting out all recorded conveyances that have occurred within the past 50 years.
Tower Site Package:
Includes 50 Year Deed Chain Report and Title Certificate.
100 Year Mineral Search Report:
A report setting out all recorded conveyances occurring within the past 100 years with emphasis on mineral reservations and conveyances. Includes Oil, Gas and Mineral deeds and leases.
UCC Financing Statement:
In the case of a loan secured by personal property collateral, the filing of a financing statement gives notice of a lien against the property so that other lenders or buyers of the personal property will know of the security interest.