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부동산

Real Estate Law 10

2019.05.05 20:20 Views : 93

Check Your Understanding Answers

  1. What is a lien?

    A creditor's claim against personal or real property as security for a debt of the property owner
     
  2. What are four legal features of a lien?
    • A lien does not convey ownership, with the exception of mortgage liens.
    • A lien attaches to the property.
    • A property may be subject to multiple liens.
    • A lien terminates on payment of the debt and recording of
  1. List four types of liens not subject to the homestead exemption. (Additional answers on page 34.)
    • Purchase money on the homestead
    • Taxes on the homestead
    • Debts owed to the federal government
    • Encumbrance that existed on the property prior to becoming a homestead
  1. What additional benefits does a California homeowner gain by recording a homestead declaration?
    • Protection for voluntary sale of the property
    • Rebuttable presumption that the homestead is valid
    • A judgment creditor’s lien attaches only to surplus equity
No. Subject Date Views
Notice 부동산 용어사전 2019.04.15 2202
Notice 부동산 용어 (A to Z) 2019.03.03 1442
201 Real Estate Law 8 2019.05.05 122
200 Real Estate Law 9 2019.05.05 118
» Real Estate Law 10 2019.05.05 93
198 Real Estate Law 11 2019.05.05 130
197 Real Estate Law 12 2019.05.05 116
196 Real Estate Law 13 2019.05.05 104
195 Real Estate Law 14 2019.05.05 250
194 Chapter 3 Summary 2019.05.05 164
193 Quiz 3 2019.05.05 7932
192 Real Estate Law 15 2019.05.06 119
191 Real Estate Law 16 2019.05.06 114
190 Real Estate Law 17 2019.05.06 103
189 Real Estate Law 18 2019.05.06 112
188 Real Estate Law 19 2019.05.06 111
187 Real Estate Law 20 2019.05.06 108
186 Real Estate Law 21 2019.05.06 94
185 Quiz 4 2019.05.06 6196
184 Real Estate Law 22 2019.05.07 93
183 Real Estate Law 23 2019.05.07 105
182 Real Estate Law 24 2019.05.07 113
181 Real Estate Law 25 2019.05.07 88
180 Real Estate Law 26 2019.05.07 100
179 Real Estate Law 27 2019.05.07 87
178 Real Estate Law 28 2019.05.07 94
177 Real Estate Law 29 2019.05.07 183
176 Quiz 5 2019.05.07 9038
175 Real Estate Law 30 2019.05.07 108
174 Performance and Forbearance / Default and Breach 2019.05.08 150
173 Real Estate Law 31 2019.05.08 314
172 Real Estate Law 32 2019.05.08 148