Tuesday, October 21, 2014

I am considering filing a lien on a friends property to shelter his equity from other creditors. Any danger to me in doing so? Thanks. -Todd

Question

I am considering filing a lien on a friends property to shelter his equity from other creditors. Any danger to me in doing so? Thanks. -Todd



Answer

Yes. That would be called slander of title.



Answer

Unless you have a viable claim against the property, the filing of a claim without a reasonable basis can be considered slander of title, as Ms. Winters states, and you can be liable for damages. Seek some legal advice before you take any action.



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