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Property Ownership- Encumbrances Crossword
Down
:
1) Affects all of a debtor's property and assets
2) Payment goes by date of recordation, property tax liens are always superior to other liens
3) Common building wall or a standalone wall either on or at a property line, involves both owners in a ownership, maintenance, and/or access issues
4) An owner sells a landlocked parcel of a larger property
9) The land that 'commands' the benefit of the use to cross
11) The right to use one property for the benefit of another one
12) Some form of overlapping use of one property by another
15) Portion of a building actually crosses the line
17) Pending Lawsuit
19) Interests in the land that give a non-owner the right to use a property for a specific purpose, generally to cross over it
20) Tree limbs or a roofline extend across a property boundary
23) A new owner may be able to claim a previous owner's period of similar adverse use to satisfy a statutory minimum-period requirement
24) Officially filed, in the appropriate office of public records
Across
:
5) Non-ownership interests, monetary and non-monetary. A restriction on the use and/or transfer of real property. Lien, Easement, and Encroachments
6) There is only a servient tenement
7) Debt was approved by and acceptable to the owner
8) Placed against the owner's will, claims against a property for equity interest
10) Monetary Encumbrance; lien holder has a creditor's claim to a specific monetary interest in the property's value, satisfied by paying the debt directly or by placing the debt out of the proceeds of a property sale
13) Created by a court order, as in a judgment lien
14) Personal, revocable right or privilege granted by an owner to someone else to use the property
16) Determines the accurate location and dimensions of property boundary lines
18) Runs with the land, remains in full force
21) Limited to a specified item controlled by the debtor
22) Created automatically by statue, as with tax liens
25) Property that provides, and must allow the access
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