What type of lien is placed on the property for money damages?

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Master Texas Real Estate Principles 1. Study with engaging quizzes featuring multiple choice questions. Includes hints and detailed explanations. Get ready for success!

A judgment lien is a legal claim placed on a property due to money damages awarded by a court. When a creditor obtains a judgment against a debtor for failing to fulfill a financial obligation, they can file this lien against the debtor's property. This means that the creditor has the right to be paid from the proceeds of any sale of the property, allowing them to recover the money owed.

In contrast, a property tax lien is imposed by a government authority when property taxes are not paid, and a mechanics lien is related to unpaid work or materials provided for construction or repairs on the property. A license is not a type of lien; it typically refers to permission or authorization to do something rather than a financial claim against property. The judgment lien specifically addresses the situation of money damages awarded by court ruling, making it the correct answer in this context.

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