Essays on Encumbrances

Q1. Identify two strategies based on the fiscal and monetary policy that would encourage people to spend money in order to create economic growth. Fiscal and monetary policies are demand side policies that can be strategically employed for realizing economic growth by motivating consumers to spend money. It can be made possible by brining an increase in aggregate demand (AD) if the economy is passing through recession or growth is below the expected level (Pettinger, 2012). Monetary policy can be the most randomly used tool for impacting economic activity. To encourage AD, the Central Bank of a country can ...

In the context of real property, a quitclaim deed transfers or disposes only the interest that the grantor/owner has in the property (Hinkel, 2011). This means that whatever title the grantor has at the time of transfer, they pass it to the grantee. In such regard, in the event that at the time of transfer the grantor does not have title to the land, should the grantor later get the title to the property the grantee cannot claim the property. Additionally, a quitclaim deed does not have warranties of title and is transferred free of encumbrances.

Dr. Patel might see ...

REAL ESTAST CONTRACTSeller: Robert Riddell3310 Gilbert DriveLiberty, Texas 75007Buyer: Billy Wayne Johnson2244 Shady TrailLiberty, Texas 75007Property: 635 Wishbone StreetTallulah, Texas 75007Earnest Money: $10,000 Cash delivered to the Title Company upon full execution.Title Company/Escrow Agent: Eastland Title Company535 State AveLiberty, Texas 75007FOR TEN DOLLARS AND OTHER GOOD AND VALUABLE CONSIDERATION, THE RECEIPT AND SUFFICIENCY OF WHICH ARE HEREBY ACKNOWLEDGED, THE PARTIES HERETO AGREE AS FOLLOWS:1. Seller agrees to sell to Buyer and Buyer agrees to buy from Seller the Property for a purchase price of $124,000 ($175,000) to be payable at closing which shall occur on the first ...