Examlex
Which of the following statement is true? Research suggests that:
Encumbrances
Legal claims or liabilities attached to property that can affect its use, value, or transferability, such as mortgages or liens.
Discharging
The act of releasing someone from an obligation, such as a debt, duty, or legal liability, often through the payment or fulfillment of what is owed.
Purchase Agreement
A legal document outlining the terms and conditions under which a sale of property will take place.
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