American Bankers Association Exam CTFA Topic 5 Question 84 Discussion

Actual exam question for American Bankers Association's CTFA exam

Question #: 84
Topic #: 5

[All CTFA Questions]

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

ATitle

BLien

CDead of trust

DEscrow

Show Suggested Answer

Suggested Answer: B

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

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Silva

2 months 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?

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Pok

9 days ago

I see your point, but I still think D) Escrow is the best choice. It involves trust in property transactions.

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Callie

10 days ago

Actually, I think B) Lien is the right answer. It's a claim against the property for money owed.

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Felicitas

15 days ago

I disagree, I believe the answer is C) Dead of trust. It's a legal document related to property ownership.

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An

27 days ago

I think the correct answer is A) Title. It shows ownership of the property.

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Shelba

2 months ago

A) Title is the way to go. I can practically smell the fresh ink on that document already.

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Heike

1 months ago

D) Escrow

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Anisha

1 months ago

C) Dead of trust

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Glenn

1 months ago

B) Lien

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Paris

2 months ago

A) Title

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Eun

3 months ago

Hmm, I'm stuck between B) Lien and D) Escrow. This is a tricky one!

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Mammie

1 months ago

I'm leaning towards B) Lien as the answer.

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Latrice

1 months ago

I believe it's C) Dead of trust.

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Krissy

1 months ago

I think the correct answer is A) Title.

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Cristen

3 months ago

I'm going with C) Deed of trust. It sounds like the most official-sounding option.

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Jenifer

1 months ago

I'm going with C) Deed of trust. It sounds like the most official-sounding option.

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Rodolfo

1 months ago

D) Escrow

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Bernardine

2 months ago

C) Dead of trust

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Beula

2 months ago

B) Lien

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Melodie

2 months ago

A) Title

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Janna

3 months ago

This is a no-brainer, the answer is clearly A) Title.

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Carline

3 months ago

That makes sense. I agree with you, Carli.

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Carli

3 months ago

I think the answer is A) Title because it shows who owns the property.

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Carline

3 months ago

What is a document that gives evidence of ownership of a property?

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