Encumbrances & Liens - Lien Types Flashcards

1
Q

Mortgage lien

A

Voluntary

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2
Q

Tax Lien

A

Involuntary

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3
Q

General

A

Against any & all assets

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4
Q

Specific

A

Against car or house

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5
Q

Paid before junior liens

A

Superior

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6
Q

Paid after superiors by date of recording

A

Junior

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