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American Bankers Association CTFA Exam - 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.

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Suggested Answer: B

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

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Alaine
6 months ago
Totally agree, Title is the way to go!
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Ma
6 months ago
Wait, are we sure it's not a Deed of Trust?
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Elvera
6 months ago
Title is correct, it proves ownership.
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Nichelle
7 months ago
I thought it was a Lien, but I guess not.
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Tawna
7 months ago
That's definitely a Title!
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Corazon
7 months ago
I feel like I’ve seen a similar question before, and Title definitely seems to fit the description best.
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Anjelica
7 months ago
I’m a bit confused; I thought a lien was also related to property, but it’s more about claims, right?
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Niesha
7 months ago
I remember practicing a question about property documents, and I think Title was the right term for ownership evidence.
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Yuette
8 months ago
I think the answer might be A, Title, because it relates to ownership, but I'm not completely sure.
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Franchesca
8 months 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.
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Julio
8 months 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.
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Ammie
8 months 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.
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Amira
8 months 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.
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Margot
8 months ago
This one seems pretty straightforward. I think the answer is A. Title, since that's the document that shows ownership of a property.
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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?
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Pok
11 months 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
11 months 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
11 months 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
11 months ago
I think the correct answer is A) Title. It shows ownership of the property.
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Shelba
1 year ago
A) Title is the way to go. I can practically smell the fresh ink on that document already.
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Heike
11 months ago
D) Escrow
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Anisha
11 months ago
C) Dead of trust
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Glenn
11 months ago
B) Lien
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Paris
1 year ago
A) Title
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Eun
1 year ago
Hmm, I'm stuck between B) Lien and D) Escrow. This is a tricky one!
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Mammie
11 months ago
I'm leaning towards B) Lien as the answer.
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Latrice
11 months ago
I believe it's C) Dead of trust.
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Krissy
11 months ago
I think the correct answer is A) Title.
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Cristen
1 year ago
I'm going with C) Deed of trust. It sounds like the most official-sounding option.
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Jenifer
11 months ago
I'm going with C) Deed of trust. It sounds like the most official-sounding option.
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Rodolfo
11 months ago
D) Escrow
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Bernardine
1 year ago
C) Dead of trust
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Beula
1 year ago
B) Lien
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Melodie
1 year ago
A) Title
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Janna
1 year ago
This is a no-brainer, the answer is clearly A) Title.
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Carline
1 year ago
That makes sense. I agree with you, Carli.
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Carli
1 year ago
I think the answer is A) Title because it shows who owns the property.
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Carline
1 year ago
What is a document that gives evidence of ownership of a property?
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