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To: jhild who wrote (1658)6/20/1998 1:02:00 PM
From: ColinD  Respond to of 2849
 
You are right Jhild as per the following legal definition

Encumbrances:
Those charges or the security that attaches to any kind of property. For example, if there is a mortgage on a piece of property, then the property is said to be encumbered by that mortgage.




To: jhild who wrote (1658)6/20/1998 1:05:00 PM
From: ColleenB  Read Replies (1) | Respond to of 2849
 
Jhild, I guess you must have flunked reading 101....where has anybody on this thread (anyone legitimate) been claiming that the property in the Galveston Bay/Houston area is anything but.... property?

Reread the press release and "see" for yourself.