Term for Identification:  Reverse Course​

question 64

Short Answer

Term for identification:  reverse course​

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Definitions:

Personal Property Registry

A legal registry for the public recording of interests in personal property (excluding real estate) to establish priorities and rights in that property.

Encumbrances

Legal claims or liens on property that may restrict its use or transferability, such as mortgages or easements.

Personal Property

Movable assets or belongings, as contrasted with real property (land and buildings).

Seize Security

The act of taking possession of collateral or assets to satisfy a debt or enforce a legal judgment.