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        <title>encumbrances Flashcards</title>
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        <description>www.flashcardexchange.com: encumbrances Flashcards</description>
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        <pubDate>Fri, 08 Aug 2008 03:33:00 PDT</pubDate>
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            <title>Encumbrances</title>
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            <description>Encumbrance – any burden on one’s property

Lien – money burden on one’s property

Note – evidence of a debt (what the lender sues the borrower on when the loan is in default)

Default – borrower is late on a payment

Foreclosure – legal proceeding used by the lender to take the collateral when the loan is in default

Collateral – the thing the lender uses as security for the loan (house)

Hypothecate – to pledge

Mortgage (specific) – a written contract to borrow money with a promise by the borrower to repay the loan plus interest using the real estate as collateral</description>
            <pubDate>Fri, 18 May 2007 12:00:00 PDT</pubDate>
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        <item>
            <title>Real Estate</title>
            <link>http://www.flashcardexchange.com/flashcards/view/470895</link>
            <description>Agent Exam</description>
            <pubDate>Fri, 18 May 2007 12:00:00 PDT</pubDate>
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        <item>
            <title>A-4 General Real Estate Exam Preparation  National portion, Quizzes, Vocabulary</title>
            <link>http://www.flashcardexchange.com/flashcards/view/470365</link>
            <description>A-4 National Portion Questions &amp; Answers, Quizzes and Answers, Vocabulary and Definitions.</description>
            <pubDate>Wed, 16 May 2007 12:00:00 PDT</pubDate>
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            <title>REAL ESTATE EXAM PREP</title>
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            <description>REAL ESTATE SALES</description>
            <pubDate>Tue, 05 Sep 2006 12:00:00 PDT</pubDate>
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