Скачать или смотреть CA Real Estate License Exam 2025: Detailed Explanations (Q&A 785)

#onlinerealestateschool, #classroomrealestateschool, #realestateexam, #realestatecourse
CA Real Estate License Exam 2025: Detailed Explanations (Q&A )

Question 785: A judgement that has been properly recorded is a (an):
A. Voluntary lien.
B. Foreclosure.
C. Lis Pendens.
D. Involuntary lien.
Correct answer is D. Involuntary lien.
A voluntary lien is one created with the owner's consent, such as a mortgage or deed of trust (where the owner willingly pledges their property as collateral for a loan). Foreclosure is the process by which a lender or other lienholder forces the sale of a property to satisfy a debt. A recorded judgment is a type of lien that could lead to foreclosure, but it is not the foreclosure process itself. A "lis pendens" (Latin for "suit pending") is a recorded notice that a lawsuit is ongoing concerning title to or possession of a particular piece of real property. It clouds the title and warns potential buyers, but it is a notice of a lawsuit, not a lien itself in the same way a recorded judgment is. While it can precede a judgment that creates a lien, it's not the lien itself. When a judgment for money is "properly recorded" in the county where real property is located, it creates a general lien against all non-exempt real property owned by the judgment debtor in that county. Involuntary Lien is "involuntary" because it is placed on the property by operation of law (due to the court judgment) without the property owner's consent. The owner didn't willingly agree to have this specific encumbrance on their property.