72
submitted 1 week ago by [email protected] to c/[email protected]
you are viewing a single comment's thread
view the rest of the comments
[-] [email protected] 8 points 1 week ago

Certain loans and contracts can prevent you from being able to sell something without the lien being lifted.

For example, if you have a mortgage on a house, or in some cases if you're paying a contractor to do renovations, you can't just sell the house out from underneath them and run with the cash. Someone "buying" shit with a lien on it could outright lose it in some circumstances (though it would be pretty hard to get there for land because the process is so protracted).

this post was submitted on 03 Jul 2024
72 points (96.2% liked)

InsanePeopleFacebook

2185 readers
372 users here now

Screenshots of people being insane on Facebook. Please censor names/pics of end users in screenshots. Please follow the rules of lemmy.world

founded 10 months ago
MODERATORS