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View Full Version : Do liens on real estate accumulate interest?


gjfix47
Mar 26, 2010, 07:38 AM
If I have a judgement against me in Small Claims Court and they place a lien on my home and I live there for 20 years before selling it do I owe for the lien or the lien and 20 years of interest on the lien?

RickJ
Mar 27, 2010, 06:45 AM
No. A lien is for the specific amount only.

ScottGem
Mar 27, 2010, 07:07 AM
Its not so much the lien as the judgement. Generally a judgement is for a specific amount, but if interest is allowed to be applied for the judgement, then it could be applied to the lien.