Law Firm Publishes Article on the Difference Between Liens and Encumbrances
Sep 11, 2020
Curry County Abstract & Title Co. has published its latest article covering difference between liens and encumbrances. The article is available for viewing in full at https://currycountyabstract.wordpress.com/2020/09/07/liens-and-encumbrances/
Clovis, United States - September 11, 2020 /NewsNetwork/ —
Curry County Abstract & Title Co. has published a new article entitled ‘Liens and Encumbrances’, which sheds light on the most important aspects of the difference between liens and encumbrances. People who want to know more about property and title laws and other interested individuals can view the full article at https://currycountyabstract.wordpress.com/2020/09/07/liens-and-encumbrances/
The article includes several interesting pieces of information, one, in particular, is that some liens are purposefully granted by the owner of a property, while other liens are forcefully placed by law, or by the courts. This should be of particular interest because it makes people aware that some liens are enforced while others are not.
One of the most important information the article tries to convey and communicate is that liens and encumbrances are often used interchangeably but the two terms have differences. The best example of this is perhaps found in the following extract:
‘A lien always represents a financial interest. It is a monetary claim against a property intended to ensure payment, and gives a creditor the right to seize or take your property if you are unable to keep up with payments or pay off debts. Now, the term encumbrance refers to any claim against a property, not just one that ensures payment.’
In discussing the article, J.W. Baldock, Sr. Vice President at Curry County Abstract & Title Co. said:
“Because liens and encumbrances cloud the title, they could prevent the sale of your property, and need to be paid off or satisfied prior to closing.”
Regular readers of Curry County Abstract & Title Co. will notice the article takes a familiar tone, which has been described as ‘informational’.
Curry County Abstract & Title Co. now welcomes comments and questions from readers, in relation to the article, as they are intent on educating people about property and title law. The reason is that this will help readers and customers become knowledgeable about basic title laws.
Anyone who has a specific question about a past, present, or future article can contact Curry County Abstract & Title Co. via their website at https://currycountyabstract.com/
The complete article is available to view in full at https://currycountyabstract.wordpress.com/2020/09/07/liens-and-encumbrances/
Contact Info:
Name: J.W. Baldock
Email: Send Email
Organization: Curry County Abstract & Title Co
Address: 801 Pile St, Clovis, NM 88101, United States, Clovis, New Mexico 88101, United States
Website: https://currycountyabstract.com/
Source: NewsNetwork
Release ID: 88976232
More News
Kent-born darts star crowned European champion for second time
Kent-born darts star Ross Smith has reclaimed his European Championship crown after defeating Martin Schindler in a thrilling final in Dortmund.
‘That can’t be happening’ – Hale on Gillingham’s 4-1 defeat
Striker Ronan Hale says Gillingham must learn to respond better to setbacks after admitting their heads dropped during Saturday’s 4-1 defeat.
Ashford’s historic bowls club edges closer to new home as work begins on clubhouse
Work has begun on a new bowls clubhouse as members edge closer to leaving their existing home of almost 120 years.
Report: Gillingham thrashed by Grimsby again
Gillingham’s woes against Grimsby Town continued with another home thrashing against the visitors.
Ainsworth lets Gillingham players have it after Grimsby humiliation
Manager Gareth Ainsworth admitted he was as frustrated as the Gillingham fans after Saturday’s heavy defeat.
Matchday Live: Gillingham v Grimsby, Torquay v Maidstone, Ebbsfleet v Maidenhead, Folkestone v Farnborough
Follow today’s football action, including Gillingham’s match at home to Grimsby, in our live blog.
Chatham prepare for top-two test after Dulwich demolition
Chatham Town welcome second-placed Welling United to the Bauvill on Saturday looking to build on their midweek thrashing of Dulwich Hamlet.
Ainsworth wants new-look Gills to right Grimsby wrongs
Manager Gareth Ainsworth wants Gillingham to put past Grimsby misery behind them when the Mariners return to Priestfield on Saturday.
Injury boost as Gillingham players close in on comebacks
Gillingham captain Liam Gordon is one of four injured players closing in on a return to action.
‘We had a point to prove’ – Gillingham defender on Port Vale response
Defender Andy Smith admitted the Gills had let themselves down last weekend but was pleased with their response against Port Vale.
Football fixtures and results
Catch up with all the week’s football fixtures and results.
Ainsworth pinpoints moment Gillingham missed their chance
Gillingham manager Gareth Ainsworth was left to rue the big missed chance that let visitors Port Vale off the hook.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.