Nvoluntary lien - Study guides, Class notes & Summaries
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Latest Exam For PSI Real Estate State With Complete Solution (A+ Graded)
- Exam (elaborations) • 13 pages • 2024
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Latest Exam For PSI Real Estate State With 
Complete Solution (A+ Graded) 
nvoluntary lien - CORRECT ANSWER-When a land owner uses his land as security for a loan, the 
encumbrance created is called. 
C. Question the seller to any known defects - CORRECT ANSWER-If an owner wants to list a property for 
sale "as is," the listing agent should 
A. licensee must hold a timeshare license - CORRECT ANSWER-According to the New Jersey Real Estate 
Time Share Act, if a licensee is selling a timesh...
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