Sentences with phrase «such encumbrances»

A title search is all that is usually done to reveal the existence of such encumbrances.
The Rogers model has no such encumbrances, and is being used as the basis for a developer community.
A title search is all that is usually done to reveal the existence of such encumbrances, and it is up to the buyer to determine whether he wants to purchase with the encumbrance, or what can be done to remove it.

Not exact matches

Encumbrance — Anything that affects or limits the fee simple title to a property, such as mortgages, zoning ordinances, claims, liens, a pending legal action, leases, easement rights, unpaid taxes or restrictions.
There are cases where it makes sense, obviously — of course Dark Souls has an opaque encumbrance system, given all its other intentionally draconian quirks — but it certainly seems weird that such a despised mechanic is implemented, and re-implemented, over and over again.
Second, the prices of fossil fuels have to rise, either because reserves become depleted or through the passage of regulatory encumbrances, such as a massive carbon tax.
As per this concept, other terms (such as whether the land is to be transferred free and clear of all encumbrances) may be implied by law.
Encumbrance: A liability that lowers the value of a piece of property, such as a lien or a mortgage.
Small encumbrance, such as a construction lien, recently registered and discharged from title (to give credibility to the fraudster's claim to be the legitimate owner of the corporation);
b) it provides the bona fide purchaser for value the complete legal title to the instrument without any encumbrance from title defects or other equities or other prior holders of the instrument (assuming the purchaser did not receive notice of any such defect in title or equity before making the transfer).
The added words go on to say, «or where such rights, privileges and appurtenances are not registered, then subject to any qualification, limitation or encumbrance to which the same are subject at the time of the transfer.»
«It is the appellant's argument that the enactment of the Torrens land titles system in the Province of Ontario made applicable in that province the main theory of a Torrens title registration system, to wit, the absolute authority of the register, and that it is the effect of such a principle that actual notice, no matter how clearly proved so long as encumbrances do not appear on the register, does not affect the clear title of the purchaser for value.
Parties normally expect that the burden of any covenant or charge will be a debt or encumbrance such as to depress the value of the widow / widower's estate for IHT purposes on the future death.
Abstracted and managed lease documents in document management software to reflect tenant changes in properties (such as options, encumbrances, terminations, relocations, extensions, etc.).
In making an equitable apportionment of marital property, the family court must give weight in such proportion as it finds appropriate to all of the following factors: (1) the duration of the marriage along with the ages of the parties at the time of the marriage and at the time of the divorce; (2) marital misconduct or fault of either or both parties, if the misconduct affects or has affected the economic circumstances of the parties or contributed to the breakup of the marriage; (3) the value of the marital property and the contribution of each spouse to the acquisition, preservation, depreciation, or appreciation in value of the marital property, including the contribution of the spouse as homemaker; (4) the income of each spouse, the earning potential of each spouse, and the opportunity for future acquisition of capital assets; (5) the health, both physical and emotional, of each spouse; (6) either spouse's need for additional training or education in order to achieve that spouse's income potential; (7) the non marital property of each spouse; (8) the existence or nonexistence of vested retirement benefits for each or either spouse; (9) whether separate maintenance or alimony has been awarded; (10) the desirability of awarding the family home as part of equitable distribution or the right to live therein for reasonable periods to the spouse having custody of any children; (11) the tax consequences to each or either party as a result of equitable apportionment; (12) the existence and extent of any prior support obligations; (13) liens and any other encumbrances upon the marital property and any other existing debts; (14) child custody arrangements and obligations at the time of the entry of the order; and (15) such other relevant factors as the trial court shall expressly enumerate in its order.
a title on a home free of encumbrances, such as liens or other legal questions regarding ownership.
The title company will research the history of the property, looking for encumbrances such as mortgages, claims, liens, easement rights, zoning ordinances, pending legal action, unpaid taxes and restrictive covenants.
Relief granted under this section shall not affect any contract, sale, encumbrance, or lease consummated before the granting of such relief and involving a bona fide purchaser, encumbrancer, or tenant, without actual notice of the filing of a complaint with the Secretary or civil action under this subchapter.»
Encumbrance - A restriction which is either a monetary claim against the land (such as a lien, mortgage or lease), or a non-monetary one (such as an easement).
Free and clear means there are no encumbrances secured to the property such as a lien or mortgage.
Encumbrance Anything that affects or limits the fee simple title to a property, such as mortgages, leases, easements, or restrictions.
This online package covers topics such as ethics, errors and omissions, fair housing, agency, listings, leases, sale agreements, property titles, encumbrances, deeds, and the use and assessment of state taxes.
This package covers topics such as ethics, errors and omissions, fair housing, agency, listings, leases, sale agreements, property titles, encumbrances, deeds, and the use and assessment of state taxes.
Settlement agents, including one submitting an ex parte submission, and trade associations representing settlement agents and the title insurance industry offered a number of other examples: closing costs unrelated to loan costs paid by or on behalf of the consumer; payments to discharge any defects, liens, encumbrances or other matters requiring curative action discovered during a title search or examination; any prorated or per diem amount where the underlying rate does not change; insurance fees; home warranties; lender reserves for taxes and insurance and amounts paid to a State or local government; recording costs and other fees incurred for the consumer's convenience, such as wire fees, notary fees, and endorsement fees; and changes due to consumer - seller negotiations or as a result of local custom or practice.
This insurance is split into a lender's policy and an owner's policy and is required for protection against future claims such as unpaid real property taxes, liens or other encumbrances that weren't discovered during the title history search.
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