2 Answers

On the surface, this question sounds dumb.  In reality, it's not. 

I think you could put a lien on the property even though you are a joint owner.  For example, if you and your sibling are tenants in common owner of the property, your sibling could essentially go out and get a loan for his interest (portion) of the property (typically, a prudent bank would require that the co-owner of the property consent to the loan agreement).  When your sibling defaults on the loan, there could be some complication subdividing the two portions.  Also, you could even act like a bank (and why not?) to finance his portion of the interest in the property.  Finally, if he defaults on the money owed, you could sue your sibling.

If you are interested in Tenants in Common, click below to learn more:

http://www.akaqa.com/question/q1919724587-What-are-tenants-in-common

So you are putting a  lien  yourself ? Question for a lawyer .