What Is the Myth of Finality? Provide an Example of a Situation

question 55

Short Answer

What is the myth of finality? Provide an example of a situation in which it is not true.

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Definitions:

Encumbrances

A legal term for a claim, lien, charge, or liability attached to and binding real property.

Title Search

The examination of public records to determine and confirm a property's legal ownership and find out what claims or liens are on the property.

Fair Housing Act

A federal law in the United States aimed at eliminating discrimination in the housing industry based on race, color, religion, sex, national origin, disability, or family status.

Discrimination

Unfair treatment or prejudicial distinction of individuals based on race, gender, age, or other status instead of individual merit.