CHAPTER 7 – Encumbrances, Liens & Homesteads:
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Get it written →CHAPTER 7 – Encumbrances, Liens & Homesteads:
1. Define an Encumbrance and explain the two basic categories of an Encumbrance.
2. Define an Easement and name the 5 ways in which an Easement can be created.
3. Name and describe the 5 ways to terminate an Easement.
4. Describe and give an example of each of the following: Voluntary Lien, Involuntary Lien, General Lien and Specific Lien.
5. Regarding mechanic’s liens; if an owner files a Notice of Completion what is the filing time for the general contractor (for a mechanic’s lien)? For a sub-contractor? And for all mechanics if the owner did not file a notice of completion?
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