Which of the Following Would Not Be Considered a Private

question 24

Multiple Choice

Which of the following would not be considered a private encumbrance?

• A) Materialmen's lien
• B) Ad valorem tax
• C) Trust deed
• D) Restrictive covenant

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Definitions:

Strategic Plans

Strategic plans are long-term, high-level plans made by an organization to achieve specific goals, outlining the organization's mission, vision, and how it will differentiate itself from competitors.

Incremental Plans

Planning methodology that involves making small or minor updates or changes instead of large, comprehensive shifts.

Tactical Plans

Short-term actions and strategies designed to achieve specific parts of a company's overall strategic plan.