CALIFORNIA REAL ESTATE PRINCIPALS FULL EXAMINATION 2024
Encumbrances fall into two categories: those that affect the title, known as financial encumbrances, and those that affect the use of the property, known as non-financial encumbrances. Common types of financial encumbrances are trust deeds and mortgages, mechanic's liens, tax liens, special assessments, attachments, and recorded abstracts of judgment.
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