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부동산

Real Estate Law 62

2019.05.12 19:12 Views : 159

Check Your Understanding Answers

  1. Define an encumbrance.

    An encumbrance is the term used to describe another’s interest in and right to real property that limits the legal owner's freehold interest.
     
  2. List three types of nonfinancial encumbrances. (Additional answers on page 2.)
    • Easements
    • Encroachments
    • Deed Restrictions
       
  3. What is the purpose of deed restrictions?

    The purpose of deed restrictions is to create a standard within a community and protect home values.
     
  4. What is a lien?

    A lien is a creditor's claim against personal or real property as security for a debt of the property owner.
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Notice 부동산 용어 (A to Z) 2019.03.03 1346
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290 Order of payments in foreclosure 2019.04.01 102
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287 Real Estate Practice - 38 (Understanding-Answers) 2019.04.29 103
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284 CHAPTER 1 file 2019.02.27 104
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