#1
Which of the following is true about property attachments?
Property attachments are temporary and can be removed under certain conditions.
ExplanationProperty attachments are temporary and subject to removal.
#2
What legal document is typically used to create a property attachment?
Lien
ExplanationLiens are commonly used legal documents for property attachments.
#3
What is the purpose of a property title search?
To verify the property's legal ownership and uncover any liens or encumbrances
ExplanationProperty title searches verify ownership and reveal liens or encumbrances.
#4
In the context of property law, what does 'encumbrance' refer to?
A type of property attachment
ExplanationEncumbrance refers to a form of property attachment.
#5
Which of the following is NOT a common type of property attachment?
Certificate of occupancy
ExplanationCertificate of occupancy is not a typical form of property attachment.
#6
What is the primary purpose of a property lien?
To provide security for a debt or obligation
ExplanationProperty liens primarily serve to secure debts or obligations.
#7
Under what circumstances can a property attachment be removed?
By court order or agreement
ExplanationProperty attachments can be removed through court orders or agreements.
#8
What is a mechanic's lien typically associated with?
Home improvement work
ExplanationMechanic's liens are typically associated with home improvement work.
#9
What is a 'lis pendens' in property law?
A notice of pending litigation affecting the property
ExplanationLis pendens is a notice of pending litigation regarding the property.