Escrow & Title
A Wisconsin buyer's title search reveals a judgment lien against the seller recorded three years ago. At closing, this lien must be:
AIgnored if it is more than 2 years old
BPaid off from the seller's proceeds to convey clear title✓ Correct
CAssumed by the buyer as part of the purchase
DReported to DSPS for resolution
Explanation
A judgment lien is an encumbrance that must be satisfied (paid off) from the seller's proceeds before or at closing so the seller can convey clear, marketable title to the buyer.
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