do i need to file a real estate lien to ensure repayment of a promissory note
1 Answer from Attorneys
Before you file a lien against a debtor's real estate, (a) the debtor must default on the loan and you(b) must then obtain a judgment against the debtor. Once you have a judgment, you can place a lien on the debtor's property.
From your question, however, it appears that you want to use a lien to ensure repayment of the note, as opposed to a tool used to obtain proceeds from the note after default.
More information on liens is available here: http://www.nolo.com/legal-encyclopedia/judgment-liens-ohio-46851.html
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