General Flashcards
1
Q
What is a property
A
May be considered either real (immovable) or personal (movable)
2
Q
What is a quitclam deed
A
conveys any possible interest of grantor in the property. However, unlike a grant deed, a quitclaim deed, while valid, carries no warranties or guarantees of title protection.
3
Q
Encumbrances
A
Encumbrances include taxes, assessments, liens, restrictions, easements, encroachments, and legal actions.
4
Q
Eminent Domain is
A
The power of condemnation by a public agency
