Andrew Cooper (Other)

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Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Lien - monetary encumberance

Restriction - affects use of property in some way, i.e. through private deed restrictions or government zoning

Easement - grants right of ingress, egress and regress to a property

Feb 11, 2019 03:52 PM
Rainmaker
665,472
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Welllll . . . A better question would be how are they similar? Because each affects how freely the property can be used. Each, in some way, encumbers the land. The lien encumbers it monetarily, restrictions limit certain behaviors on a property that you own, the easement controls access. They're different because of the ways they limit your rights on your property.

Feb 11, 2019 05:40 PM
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

This may be another of those questions that I am required to send people to an attny or google for.

Feb 11, 2019 04:07 PM
Ambassador
3,103,718
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES gave you a great description of each.

To that, I would add that you should have your clients seek the advice of an attorney for a more detailed explanation if you have a particular issue that ever arises in your practice.

Feb 11, 2019 05:32 PM
Rainmaker
2,892,271
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I suggest you look in your text book or google the terms and write a post about it... you'll learn so much more that way.

BTW, a lien has little to do with restriction and easements. Restrictions have little to do with liens and easements, and so on and so on. When I see questions like this it makes me wonder if you know what you are asking and why, except to fulfill some class requirement to ask.

Feb 12, 2019 03:38 AM
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Feb 11, 2019 05:15 PM
Rainmaker
631,944
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

The differences are substantial and technical. As they apply to our business and to property ownership, an escrow or title officer would be a good person to explain the differences.

Feb 11, 2019 04:11 PM
Rainmaker
719,159
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

(1) Lien- Someone is claiming owner of property owes a debt to lien holder.

(2) Restriction - can be anything from HOA, Covenants, zoning, boundary line setbacks, etx that restrict what property can be used for.

(3) Easement - many types from access to neighboring properties, utility, etc. Power companies require an easement to run their poles and wires across your property for example. You are granting someone legal right to cross your property, but you still own the property.

Feb 12, 2019 04:55 AM
Rainmaker
1,523,078
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Aren't you wondering what you are paying for Andrew Cooper ?

Feb 11, 2019 07:19 PM
Rainmaker
1,126,023
Joyce Marsh
JOYCE MARSH REAL ESTATE COMPANY - Daytona Beach, FL
Million Dollar Guild, Luxury, CLHMS, CNE, SRES

I’m surprised that your instructor would suggest that you rely on answers obtained in a random Q and A forum. 

Feb 11, 2019 05:28 PM
Rainmaker
4,228,514
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Andrew,

Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES gave you a perfect overview of the three.  However, John Juarez also pointed out that these issues should be reviewed with title and or a real estate attorney.  A

Feb 11, 2019 05:03 PM
Rainmaker
2,744,968
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

I wish you all the best with your real estate studies. 

Feb 12, 2019 08:00 AM
Rainmaker
4,795,864
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Another good question for an attorney.

Feb 12, 2019 07:34 AM
Rainmaker
1,807,310
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Ask your Pre License Instructor

Feb 12, 2019 06:13 AM
Rainmaker
1,247,745
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

You have many good answers here to satisfy your homework, but I give Candice A. Donofrio the Gold Star for her answer.

Feb 12, 2019 05:59 AM
Rainmaker
572,086
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

Google

Feb 12, 2019 05:36 AM
Rainmaker
2,907,237
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

AN easement is not financial, it is something that passes through your land, such as a utility or drive way. A lien means you owed xxx amount of money and can not sell the home until it is paid. As far as a restriction, most often as in a condo when you are restricted from parking a camper in your front yard. 

Feb 12, 2019 05:01 AM
Rainmaker
3,093,975
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES has you covered. Does your instructor know?

Feb 12, 2019 04:14 AM
Rainmaker
372,024
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

A lien is a debt attached to the property and must be paid when the property sells.  A restriction is typically something that a community keeps a property owner from doing such as cars must be parked in the garage or no RV parking on the street.  An easement runs with the land and grants restricted use of part of the property to another party. Utility easements are very common, but in our market, we often have road easements as well.

Feb 11, 2019 09:12 PM
Ambassador
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Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES gave a good answer as did others. You can also check with an attorney if these come up to understand the implications which could be significant.

Feb 11, 2019 08:24 PM
Rainer
203,726
Nicholas Crane
Woodland Companies - Cadott, WI
Managing & Appraising Forest Land

Good Luck with your studies.  hope these answers help, otherwise google is a good starting point. 

Feb 11, 2019 08:16 PM
Rainmaker
947,702
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good luck with your studies. 

Feb 11, 2019 07:20 PM
Rainmaker
1,196,848
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Candice A. Donofrio has your answer.

Feb 12, 2019 09:12 AM
Ambassador
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

In twenty words or less?

Feb 12, 2019 06:19 AM
Rainmaker
964,135
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

overwhelmed with these questions, needing to consult with a RE attorney in your area. May be location dependend also.

Feb 12, 2019 05:28 AM
Rainmaker
2,815,267
Richard Weeks
Dallas, TX
REALTOR®, Broker

Silvia gave you a great answer.

Feb 12, 2019 03:50 AM
Rainmaker
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Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

We see the garden variety old undischarged tax lien needing a release for the clear to close. The protective or restrictive covenants not so much. But easements, encroachments  are a big part of access, enjoyment for the property owner and for others with rights that affect the land use and title.

Feb 12, 2019 03:39 AM
Rainmaker
4,431,007
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Debe has given a good answer

Feb 12, 2019 02:59 AM
Rainmaker
3,972,924
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sylvia has a great answer for you.

Feb 16, 2019 05:59 AM
Rainmaker
3,970,939
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

They are not even close to the same, but the answers are there

Feb 12, 2019 08:39 PM
Rainmaker
1,464,164
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

Good luck with your study:)

Feb 12, 2019 11:49 AM
Rainmaker
714,966
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

I think a formal, textbook definition would serve you better. You could ask the experienced agents what issues they might have had with those areas of real estate, but straightforward definitions should be researched eslewhere, don't you agree? 

Feb 12, 2019 11:05 AM