California Real Estate Principles Chapter 5 - Encumbrances

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Nice to hear it!

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Job well done Karthik, all definitions are explained with an example, that’s awesome

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What book you keep referring to

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[@adhischools]

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Glad it was helpful!

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Glad you like them!

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Thank u

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[@wlady4000]

Important announcement Timothy 3:1-5 NIV 1 But mark this: There will be terrible times in the last days. 2 People will be lovers of themselves, lovers of money, boastful, proud, abusive, disobedient to their parents, ungrateful, unholy, 3 without love, unforgiving, slanderous, without self-control, brutal, not lovers of the good, 4 treacherous, rash, conceited, lovers of pleasure rather than lovers of God- 5 having a form of godliness but denying its power. Have nothing to do with such people.

[@jackiebaby1243]

Encumbrance burden on title - Lien always involve money General lien effects all property of the owner Specific lien - only effect one parcel- Property taxes voluntary Lien - mortgage -deed of trust Mechanic lien is a specific lien involuntary - labor , services. Material or equipment -specific involuntary Judgements are general lien involuntary liens Payment bond protects you from your contractor not paying the person where he gets his material

[@jackiebaby1243]

Ccr. Convents. Condition restrictions The purchaser of a condominium would want to know ccr Restrictions-

[@josephfinds]

Thank you for commenting the notes 📝