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The lienholder then releases their lien electronically which allows the customer to pick up the title directly from the Ohio BMV on the following business day. Some states may take up to three months for a paper title to be produced after an electronic lien release, though this is uncommon. [citation needed]
A title search is the process in which a title company or attorney examines public records to make sure that there are no claims, liens or issues with a property that could result in another ...
Title issues are not common, but if the title search uncovers one — or if it doesn’t, but one comes up later — there can be considerable legal costs. This is where title insurance comes in.
In Mechanic's lien law a Notice of Intent to Lien (also known as a Notice of Intent, a Notice of Intent to File a Mechanics Lien, an intent notice, an NOI, or a notice of non-payment) is a type of preliminary notice that warns the property owner, prime contractor, and/or other party on a construction that a mechanics lien or bond claim will be filed unless overdue payments are made within a ...
At the time, the highway was called the North–South Road, and it was already a major route between St. Louis, Missouri and Memphis, Tennessee; the next year, it was designated as part of US 61. The arch is the only archway over a U.S. Highway in Arkansas. [2] The arch was added to the National Register of Historic Places on October 28, 2001. [1]
But your new space holds an expensive secret: The title search missed a $10,000 lien placed on the home long ago — and now you’re suddenly responsible for paying off someone else’s debt.
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