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American Bankers Association CTFA Exam - Topic 5 Question 84 Discussion

Posted by Shakira on Jan 22, 2025 at 06:38 AM

A document that gives evidence of an individual's ownership of a property.

Suggested Answer: B

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38 comments · newest first
AL
Alaine 10 months ago
Totally agree, Title is the way to go!
MA
Ma 11 months ago
Wait, are we sure it's not a Deed of Trust?
EL
Elvera 11 months ago
Title is correct, it proves ownership.
NI
Nichelle 11 months ago
I thought it was a Lien, but I guess not.
TA
Tawna 11 months ago
That's definitely a Title!
CO
Corazon 12 months ago
I feel like I’ve seen a similar question before, and Title definitely seems to fit the description best.
AN
Anjelica 12 months ago
I’m a bit confused; I thought a lien was also related to property, but it’s more about claims, right?
NI
Niesha 12 months ago
I remember practicing a question about property documents, and I think Title was the right term for ownership evidence.
YU
Yuette 1 year ago
I think the answer might be A, Title, because it relates to ownership, but I'm not completely sure.
FR
Franchesca 1 year ago
I think the key here is understanding the different legal documents involved in property ownership. Based on the description, a title seems like the most likely answer that represents evidence of individual ownership. I'll go with A.
JU
Julio 1 year ago
I'm a little confused by this question. I know it's asking about a document related to property ownership, but I'm not familiar with all these terms. I'll have to guess and hope for the best.
AM
Ammie 1 year ago
Okay, let me see. A title is the legal document that proves ownership of a property, so that's got to be the right answer here. I feel good about going with A.
AM
Amira 1 year ago
Hmm, I'm not totally sure about this one. I know it has something to do with property ownership, but I'm not confident which of these options is the right answer. I'll have to think it through carefully.
MA
Margot 1 year ago
This one seems pretty straightforward. I think the answer is A. Title, since that's the document that shows ownership of a property.
SI
Silva 1 year ago
I'll have to go with D) Escrow. It's the only option that includes the word 'trust', and that's what property ownership is all about, right?
PO
Pok 1 year ago
↳ replying to Silva
I see your point, but I still think D) Escrow is the best choice. It involves trust in property transactions.
CA
Callie 1 year ago
↳ replying to Silva
Actually, I think B) Lien is the right answer. It's a claim against the property for money owed.
FE
Felicitas 1 year ago
↳ replying to Silva
I disagree, I believe the answer is C) Dead of trust. It's a legal document related to property ownership.
AN
An 1 year ago
↳ replying to Silva
I think the correct answer is A) Title. It shows ownership of the property.
SH
Shelba 1 year ago
A) Title is the way to go. I can practically smell the fresh ink on that document already.
HE
Heike 1 year ago
↳ replying to Shelba
D) Escrow
AN
Anisha 1 year ago
↳ replying to Shelba
C) Dead of trust
GL
Glenn 1 year ago
↳ replying to Shelba
B) Lien
PA
Paris 1 year ago
↳ replying to Shelba
A) Title
EU
Eun 1 year ago
Hmm, I'm stuck between B) Lien and D) Escrow. This is a tricky one!
MA
Mammie 1 year ago
↳ replying to Eun
I'm leaning towards B) Lien as the answer.
LA
Latrice 1 year ago
↳ replying to Eun
I believe it's C) Dead of trust.
KR
Krissy 1 year ago
↳ replying to Eun
I think the correct answer is A) Title.
CR
Cristen 1 year ago
I'm going with C) Deed of trust. It sounds like the most official-sounding option.
JE
Jenifer 1 year ago
↳ replying to Cristen
I'm going with C) Deed of trust. It sounds like the most official-sounding option.
RO
Rodolfo 1 year ago
↳ replying to Cristen
D) Escrow
BE
Bernardine 1 year ago
↳ replying to Cristen
C) Dead of trust
BE
Beula 1 year ago
↳ replying to Cristen
B) Lien
ME
Melodie 1 year ago
↳ replying to Cristen
A) Title
JA
Janna 1 year ago
This is a no-brainer, the answer is clearly A) Title.
CA
Carline 2 years ago
That makes sense. I agree with you, Carli.
CA
Carli 2 years ago
I think the answer is A) Title because it shows who owns the property.
CA
Carline 2 years ago
What is a document that gives evidence of ownership of a property?
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