The Most Common Lien on Real Property Is

question 13

Multiple Choice

The most common lien on real property is:

• A) a possessory lien
• B) an artisan's lien
• C) an integrated lien
• D) a second mortgage lien
• E) none of the other choices

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Definitions:

Silence

The absence of any sound or noise.

Acceptance

Within the domain of contract law, the process of consenting to an offer's conditions, thus establishing a legally enforceable agreement.

Reasonable Means

Actions or methods that are considered fair, appropriate, and sensible according to the average person's judgment under specific circumstances.

Mailbox Rule

A legal principle that deems an offer as accepted once the acceptance is dispatched, not when it is received by the offeror.