After Purchasing a Property, the Buyers Found a Neighbor's Fence

question 38

Multiple Choice

After purchasing a property, the buyers found a neighbor's fence was two feet inside of their property line. If discussion fails to resolve the problem, the buyers should consider filing suit against the

• A) title company.
• B) neighbors to remove the encroachment.
• C) neighbors for adverse possession.
• D) broker even though he was not aware of the encroachment.

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Definitions:

Patient Balance

The amount of money owed by a patient for health care services received.

Interest Being Charged

The cost of borrowing money, typically expressed as a percentage of the principal loan amount, charged over time.

Collections Process

The series of actions taken by organizations to pursue and recover payments owed by customers or clients.

Certified Collection Agency

A debt collection agency that has received certification, indicating it adheres to ethical standards and legal regulations in debt collection.