Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

American College Exam HS330 Topic 1 Question 80 Discussion

Actual exam question for American College's HS330 exam
Question #: 80
Topic #: 1
[All HS330 Questions]

Which of the following statements concerning property is (are) correct?

l. A mortgage on real estate is real property.

II. A tree growing on land is real property.

Show Suggested Answer Hide Answer
Suggested Answer: B

Contribute your Thoughts:

Felicitas
18 days ago
Wait, a tree is real property? I guess they really do grow money on trees after all!
upvoted 0 times
...
Reuben
20 days ago
Option D, all the way! Neither a mortgage nor a tree are real property. A mortgage is a financial instrument, and a tree is just a plant, not the actual land. This one's a real head-scratcher, though.
upvoted 0 times
...
Gail
23 days ago
This is a tricky one, but I'm going to go with option C. Both a mortgage and a tree on the land are considered real property, right? Gotta love these trick questions!
upvoted 0 times
...
Shawnee
25 days ago
Hmm, I'm not sure about this one. Isn't a mortgage a type of lien on the property, not the property itself? And the tree thing... well, that seems pretty straightforward to me.
upvoted 0 times
...
Evangelina
1 months ago
I think it's pretty clear that a mortgage is a financial instrument, not real property. But a tree growing on land? Now that's definitely real property in my book!
upvoted 0 times
Veronica
8 days ago
C: But a tree growing on land is definitely real property.
upvoted 0 times
...
Jillian
15 days ago
B: I agree, a mortgage is not real property.
upvoted 0 times
...
Estrella
19 days ago
A: I think it's pretty clear that a mortgage is a financial instrument, not real property.
upvoted 0 times
...
...
Lai
2 months ago
I'm not sure about this one. I think I need to review my notes before the exam.
upvoted 0 times
...
Lashaunda
2 months ago
I agree with Mary. A mortgage on real estate and a tree growing on land are both considered real property.
upvoted 0 times
...
Mary
2 months ago
I think the answer is C) Both l and II.
upvoted 0 times
...

Save Cancel