What is the effect of a judgment lien on a property?

The correct answer is that a judgment lien attaches to the property and can be enforced through foreclosure if the owner fails to pay the judgment. A judgment lien arises when a court issues a judgment against a property owner, typically due to nonpayment of a debt. This lien acts as a legal claim against the property, effectively securing the debt in question.

When a judgment is recorded, it creates a public record that notifies potential buyers and creditors that there is a debt associated with the property. If the property owner does not resolve the judgment, the lienholder may pursue enforcement, which can include initiating foreclosure proceedings. This means that if the property owner sells the property, the judgment lien must be satisfied before the owner receives any proceeds from the sale.

The other options do not accurately describe the nature of a judgment lien. While a judgment lien may impact the owner's rights to the property, it does not suspend their rights; rather, it adds a financial obligation tied to that property. Judgment liens do not relate to property tax payments or profits from the property, as their primary purpose is to secure debts owed to creditors.