Legal Aspects Questions #11 UPDATED
ACTUAL Exam Questions and CORRECT
Answers
Involuntary liens include all EXCEPT
A. Judgment liens
B. Tax liens
C. Special assessment lien
D mechanic's lien - CORRECT ANSWER - B. Judgment lien
Which is NOT a specific lien
A. Property tax lien
B. Judgment lien
C. Special assessment lien
D. Mechanic's lien - CORRECT ANSWER - B. Judgement
(A general lien against all of debtors property in the county where recorded)
Henry was injured while swimming in the pool of his neighbor Tom. Henry obtained a $100,000
judgment against Tom. As applied to Tom's house, this would be a(n)
A. Unenforceable lien
B. General lien
C. Specific lien
D. Priority lien - CORRECT ANSWER - B. General lien
, (It would be a Judgment lien)
To create a lien after judgment, the creditor would file
A. A writ of attachment
B. An execution of judgment
C. An abstract of judgment
D. None of the above - CORRECT ANSWER - C. An abstract of judgment
A judgment lien is effective
A. Only in the county where rendered
B. Only in the county where the debtor resides
C. In every county where it is recorded
D. For 25 years from recordation - CORRECT ANSWER - C. An abstract of judgment
Which is TRUE about a judgment that has been enforced by an execution sale?
A. The buyer receives a certificate of sale
B. The former owner has a 12-month period of redemption
C. The sale need not be held at the property being sold
D. All of the above are true - CORRECT ANSWER - D. All of the above are true
Which is an example of a prejudgment lien?
A. Mechanic's lien
B. Attachment
C. Homestead declaration
ACTUAL Exam Questions and CORRECT
Answers
Involuntary liens include all EXCEPT
A. Judgment liens
B. Tax liens
C. Special assessment lien
D mechanic's lien - CORRECT ANSWER - B. Judgment lien
Which is NOT a specific lien
A. Property tax lien
B. Judgment lien
C. Special assessment lien
D. Mechanic's lien - CORRECT ANSWER - B. Judgement
(A general lien against all of debtors property in the county where recorded)
Henry was injured while swimming in the pool of his neighbor Tom. Henry obtained a $100,000
judgment against Tom. As applied to Tom's house, this would be a(n)
A. Unenforceable lien
B. General lien
C. Specific lien
D. Priority lien - CORRECT ANSWER - B. General lien
, (It would be a Judgment lien)
To create a lien after judgment, the creditor would file
A. A writ of attachment
B. An execution of judgment
C. An abstract of judgment
D. None of the above - CORRECT ANSWER - C. An abstract of judgment
A judgment lien is effective
A. Only in the county where rendered
B. Only in the county where the debtor resides
C. In every county where it is recorded
D. For 25 years from recordation - CORRECT ANSWER - C. An abstract of judgment
Which is TRUE about a judgment that has been enforced by an execution sale?
A. The buyer receives a certificate of sale
B. The former owner has a 12-month period of redemption
C. The sale need not be held at the property being sold
D. All of the above are true - CORRECT ANSWER - D. All of the above are true
Which is an example of a prejudgment lien?
A. Mechanic's lien
B. Attachment
C. Homestead declaration
