GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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22:14 Feb 4, 2014 |
Arabic to English translations [PRO] Real Estate | |||||||
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| Selected response from: Anis Farhat Tunisia Local time: 10:30 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 | restrictions and mortgage |
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4 | Liens and encumbrances |
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restrictions and mortgage Explanation: . |
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Liens and encumbrances Explanation: Encumbrance A burden, obstruction, or impediment on property that lessens its value or makes it less marketable. An encumbrance (also spelled incumbrance) is any right or interest that exists in someone other than the owner of an estate and that restricts or impairs the transfer of the estate or lowers its value. This might include an Easement, a lien, a mortgage, a mechanic's lien, or accrued and unpaid taxes. |
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