What Is A Lien | Real Estate Exam Prep

What is a lien? Liens are an important concept real estate agents must know and understand. Students preparing for their real estate license exam must have a good understanding as well. In this real estate exam prep video, we will discuss the basics of liens.

Key real estate terms discussed in the real estate exam prep video are:
Voluntary Lien –
Involuntary Lien –
Equity Lien –
Statutory Lien –
Lienee –
Lienor –
Specific Lien –
General Lien –
Special Assessment –
Mechanics Liens –
Cloud on Title –
Vendor Lien –
Vendee Lien –

Best of luck with your studies…

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Paul Vojchehoske
Mr. Real Estate Seminars, Inc.
The Real Estate Classroom
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P.S. Nothing in this video shall be construed as legal or financial advice and is for INFORMATIONAL purposes only! Please consult with a competent attorney, financial advisor, and your broker before implementing anything you’ve learned from this video. Likewise, the issues discussed herein may not be applicable in your state or local jurisdiction.

Cheers,
Paul Vojchehoske