Figure 15.1Using Figure 15.1, Match the Following

question 42

Short Answer

Figure 15.1Using Figure 15.1, match the following:
-Rod.

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Definitions:

Marketable Title

Title for property to which the seller has legal title and against which there are no liens or restrictions of which the buyer is not aware.

Lien

A claim to property.

Real Property

Land and anything permanently attached to it, including buildings and natural resources.

Permanently Attached

Items that are fixed securely to a property in such a way that removing them would cause damage to the property or the items themselves.