What is NOT an Example of a Lien?

Within the real estate field, there are certain terms and concepts that can be confusing to those who are not familiar with the industry jargon. One such term is “encumbrance.” An encumbrance refers to any right or interest in a property that may affect its value, but does not necessarily prevent its transfer. Encumbrances are a term that is used to describe a property’s value. […]

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