Unit 7 Quiz Attempt #2

Which is a general lien

A lienee is a(n) ___

The _____ is protected under a vendor’s lien.

A ____ lien is created with owner consent.

An ___ lien is created without the owner’s consent .

What sets liens apart from other types of encumbrance?

When two or more parties share ownership of a property and an owner’s interest in the property is known as

___ represents a private interest holder whom does not have the right to possess.

The highest form of ownership interest one can acquire in real estate is

Define an easement

Which of the following is not a requirement for the government’s right to take a property voluntarily from an owner ?

The highest form of ownership interest a person can acquire in real estate is

Lacey’s fence extends 10 feet past her legal property and therefor extends 10 feet onto Billie’s property. This is an example of:

What is a specific lien?

An encroachment is best described as:

A license is defined as a(n):

A license is best described as a(n):

Impact fees are:

An  _______is a right-of-way to persons other than the owner and gives them legal access.

An easement is best defined as:

Which of the following is not a classification of liens?

What type of lien is created without the consent of the property owner?

What distinguishes a lien from other types of encumbrance?

An _ is an owner’s interest in a property in which two or more parties share ownership.

If a private interest-holder does not have the right to possess, the interest is what?

What is the highest form of ownership interest one can acquire in real estate?