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    gjfix47's Avatar
    gjfix47 Posts: 10, Reputation: 1
    New Member
    		  
    #1

    Mar 26, 2010, 07:38 AM
    Do liens on real estate accumulate interest?
    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's Avatar
    RickJ Posts: 7,762, Reputation: 864
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    #2

    Mar 27, 2010, 06:45 AM

    No. A lien is for the specific amount only.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    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.
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