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All Statements are True

1. Good for Ten Years
2. Can be Renewed
3. When Recorded, create a general lien in the county of recordation.

1 Answer

2 votes

Final answer:

The subject of this question is in the field of Law, discussing the characteristics of certain legal documents. The statements refer to the duration, renewability, and creation of a general lien when these documents are recorded.

Step-by-step explanation:

The subject of this question is in the field of Law. The statements being discussed refer to the characteristics of certain legal documents.

Statement 1 means that a particular document remains valid and enforceable for ten years.

Statement 2 implies that the document can be extended or renewed past its initial expiration date, typically through a formal process.

Statement 3 suggests that when the document is recorded, it creates a general lien in the county where it is recorded. A lien is a legal claim or right on a property to secure payment of a debt or obligation.

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