Episode Details

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Encumbrances are non-possessory interests that limit title or use, categorized as money (liens) and non-money (easements, restrictions) types. - Lien priority in California is generally set by recording date, but property tax liens are always first, and mechanic's liens' priority dates back to the start of work. - An easement appurtenant requires a dominant (benefiting) and servient (burdened) property and runs with the land, unlike an easement in gross which benefits a person or entity. - An encroachment is a physical intrusion, like a misplaced fence, whereas a license is revocable, personal permission and not a true encumbrance affecting title. - The exam tests your ability to classify liens as voluntary/involuntary and general/specific based on practical scenarios. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep