A real estate tax lien, a federal income tax lien, a judgment lien, and a mortgage lien are recorded
against a property. Which lien will be paid first when the property is sold? Real estate tax lien
Which is NOT a superior lien? Judgment lien
An encumbrance is most broadly defined as another's interest in a real property that limits the
interests of the freehold property owner.
How is a lien terminated? Payment of the debt that is the subject of the lien and recording of
the satisfaction
What date is used to establish lien priority for a mechanic's lien? The date of beginning or
ending the mechanic's work, per state law
What kind of interest does a lienor usually have in the liened property? An equitable interest,
except a mortgage lienor in a title-theory state
An improvement which crosses over the property line without permission is called a(n)
encroachment.
A court might grant an easement by prescription if an intruder has been using an owner's
property for a certain period with the owner's knowledge but without permission.
An encroachment is an unauthorized physical intrusion of one property into another.
Which of the following statements about liens is FALSE? Liens always convey ownership.
A lien is a creditor's claim against property as security for a debt of the property owner.
Which of the following is an example of a voluntary lien? Mortgage lien
If the owner of property A has a court-ordered easement to drive across property B because it is
the only way for A to have access to a public road, the easement is a(n) easement by
necessity.
Oak Hill subdivision only allows homes over 2,000 sq ft to be built. What is this an example of?
Deed restriction
Special assessment tax liens take priority over mechanic's liens.
One difference between a condition and a covenant is that a condition can be created only when
there is a transfer of ownership.
Which of the following tax liens is a junior lien? subordinate the lien.
In which kind of easement is there a dominant tenement and a servient tenement? An easement
appurtenant
Which would terminate an easement? Merger of the two properties
Other than its categorization as inferior or superior, a lien's priority is generally determined by
the date of recordation.
Which of the following is true of easements in general? They involve the property that
contains the easement and a non-owning party.
The lienee in a lien is the owner of the property that is subject to the lien.
A property built 23 years ago had a roof overhang that extended 1½ feet onto a neighbor's
property. What could happen? This could create an easement by prescription.
Which of the following is an example of an easement by necessity?A court grants a land-locked
owner the right to use a neighbor's driveway for access.
A lien holder can change the priority of a junior lien by agreeing to subordinate the lien.
