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-   -   Liens on divorce property (https://www.askmehelpdesk.com/showthread.php?t=80482)

  • Apr 8, 2007, 06:23 PM
    mya248
    Liens on divorce property
    I have a real estate lien on a property in Oregon, from a divorce. If my ex-husband dies does the lien still stand?
    Also, how do I figure the interest rate on the $10,000 lien at 9% annum for 5 years?

    Thank you
    Debbie
  • Apr 8, 2007, 06:33 PM
    ScottGem
    A lien is an encumbrance on a property that prevents it from being transferred to a new owner until the encumbrance is paid. Generally a lien is for a specified amount and doesn't gain interest. If the owner dies, the lien still remains in effect.
  • Apr 9, 2007, 08:20 AM
    Cvillecpm
    $10,000 x.09 x5 = $4,500 simple interest NOT compounded

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