Common use of Property claim Clause in Contracts

Property claim. This is a right of anyone other than you in the property, and can include: • A mortgage or other security. • A lease, a right of way or other easement or servitude, or a restrictive covenant. • A lien created by law (for example, for property taxes, utilities or condominium common expenses, or for a judgment). • An exception, reservation, condition, limitation or provision. • Any other encumbrance. • A trust. • A claim based on possession or use. • A permission to occupy or use the property that can't be revoked. • A claim under a marriage or family law.

Property claim. This is a right of anyone other than you in the property, and can include: •  A mortgage or other security. •  A lease, a right of way or other easement or servitude, or a restrictive covenant. •  A lien created by law (for example, for property taxes, utilities or condominium common expenses, or for a judgment). •  An exception, reservation, condition, limitation or provision. •  Any other encumbrance. •  A trust. •  A claim based on possession or use. •  A permission to occupy or use the property that can't be revoked. •  A claim under a marriage or family law.

Property claim. This is a right of anyone other than you in the property, and can include: • A mortgage mortgage, hypothec or other security. • A lease, a right of way or other easement or servitude, or a restrictive covenant. • A lien or hypothec created by law (for example, for property taxes, utilities or condominium common expenses, or for a judgment). • An exception, reservation, condition, limitation or provision. • Any other encumbrance. • A trust. • A claim based on possession or use. • A permission to occupy or use the property that can't be revoked. • A claim under a marriage or family law.