Legal Question in Real Estate Law in New Jersey
Lein on Primary Home
If one forecloses on an investment property in Florida, can the bank put a lein on his primary home in NJ.
Asked on 2/03/08, 2:39 am
2 Answers from Attorneys
Walter LeVine
Walter D. LeVine, Esq.
Re: Lein on Primary Home
If the foreclosure results in a judgment, due to shortfall, against you, personally, the judgment from Florida can be transferred to NJ and can then become a lien on property owned in NJ. This does involve multi-state litigation.
Answered on 2/03/08, 8:01 pm
Walter LeVine
Walter D. LeVine, Esq.
Re: Lein on Primary Home
If the foreclosure results in a judgment, due to shortfall, against you, personally, the judgment from Florida can be transferred to NJ and can then become a lien on property owned in NJ. This does involve multi-state litigation.
Answered on 2/03/08, 8:01 pm
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