In 2005 my nephew borrowed $10,000 and gave me a signed and noterized promissory note/estate will.in it he promises to pay me back the sum of $12,000 either from the sale of his real property or in a timely manner.
My question is what procedure must I take to place a lien on his real property,which was never sold,
Or,should I go in a different direction.
Asked on 8/24/11, 1:33 pm
3 Answers from Attorneys
Michael Stone
Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE
Based on what you've said, the legal time limit is expired and you are out of luck. But take the note to an attorney to see if there are any options.
Answered on 8/24/11, 1:38 pm
Joel Selik
www.SelikLaw.com
Either the nephew can agree to a lien, or you can sue, win and then place a lien. While it is possible it may be to late, to me, it appears probably not too late.
Answered on 8/24/11, 3:07 pm
