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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.

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Suggested Answer: B

by Devora at Jan 23, 2024, 06:56 AM

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Felicitas
2 months ago
Wait, a tree is real property? I guess they really do grow money on trees after all!
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Reuben
2 months 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.
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Gail
2 months 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!
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Edda
21 days ago
Yeah, option C makes sense. Real property encompasses a wide range of assets, including mortgages and natural resources like trees. It's all about ownership rights.
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Thea
28 days ago
I agree, option C seems to be the correct choice. Real property can include both tangible things like land and trees, as well as intangible things like mortgages.
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Jeanice
29 days ago
I think you're right, both a mortgage on real estate and a tree growing on land are considered real property. So, option C sounds correct to me.
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Shawnee
2 months 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.
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Sage
1 months ago
C) Both l and II
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Selene
1 months ago
B) II only
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Dusti
1 months ago
A) l only
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Evangelina
3 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!
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Veronica
2 months ago
C: But a tree growing on land is definitely real property.
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Jillian
2 months ago
B: I agree, a mortgage is not real property.
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Estrella
2 months ago
A: I think it's pretty clear that a mortgage is a financial instrument, not real property.
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Lai
3 months ago
I'm not sure about this one. I think I need to review my notes before the exam.
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Lashaunda
3 months ago
I agree with Mary. A mortgage on real estate and a tree growing on land are both considered real property.
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Mary
3 months ago
I think the answer is C) Both l and II.
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