Exam (elaborations)
REAL ESTATE EXAM REVIEW – ENCUMBRANCES QUESTIONS WITH CORRECT ANSWERS
- Course
- Institution
Encumbrance CORRECT ANSWER Any interest or right to land held by third persons which affects the title and possibly the value of the property Effects of Encumbrance CORRECT ANSWER 1. Physical condition of the property, or use of property (deed restrictions, easements, and encroachments) 2. Fina...
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