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-   -   Property laws in Louisiana (https://www.askmehelpdesk.com/showthread.php?t=705745)

  • Sep 29, 2012, 11:33 AM
    nancyeh53
    Property laws in Louisiana
    I am 1/3 owner of a property and there has been a lien put on it for 1 of the owners , am I responsible for the lien ? Would it be taken from my share if the land was sold?
  • Sep 29, 2012, 11:42 AM
    LisaB4657
    You are not personally responsible for the lien. If the property was sold then the amount of the lien would be deducted from the share of the person responsible for the lien. However if their share was not enough to cover the amount of the lien then the balance would be deducted equally from the shares of the other two owners, and each of you would have a valid claim against the third owner for that amount.
  • Sep 30, 2012, 12:14 AM
    nancyeh53
    Quote:

    Originally Posted by LisaB4657 View Post
    You are not personally responsible for the lien. If the property was sold then the amount of the lien would be deducted from the share of the person responsible for the lien. However if their share was not enough to cover the amount of the lien then the balance would be deducted equally from the shares of the other two owners, and each of you would have a valid claim against the third owner for that amount.

    Can I still gift my 1/3 with the lien on it ?
  • Sep 30, 2012, 05:34 AM
    AK lawyer
    Quote:

    Originally Posted by nancyeh53 View Post
    can I still gift my 1/3 with the lien on it ?

    Yes. But the owner of the lien could attempt to satisfy his or her lien by going to court for the purpose of taking the property.

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