Property Ownership
Which of the following creates a voluntary lien on real property in Alaska?
AAn unpaid property tax assessment
BA mechanics lien filed by a contractor
CA mortgage executed by the property owner✓ Correct
DA judgment entered against the property owner
Explanation
A voluntary lien is intentionally created by the property owner. A mortgage (or deed of trust) is the classic voluntary lien — the owner voluntarily pledges the property as collateral for a loan. Tax liens, mechanics liens, and judgment liens are involuntary liens imposed without the owner's direct consent.
Related Alaska Property Ownership Questions
- A landowner in Alaska builds a cabin on what they believe is their property, but the cabin encroaches 3 feet onto the neighbor's land. The cabin is most likely classified as:
- An Alaska property has 'riparian rights' that allow the owner to use water from an adjacent stream. If the state of Alaska establishes a water appropriation permit system, the riparian owner:
- Permafrost in Alaska can significantly impact real estate because:
- Under Alaska law, a life estate grants the life tenant the right to:
- An encroachment occurs when:
- In Alaska, the government's right to take private property for public use, with just compensation, is called:
- A life estate grants the life tenant the right to:
- In Alaska, the term 'fee simple' in real property law refers to:
Practice More Alaska Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Alaska Quiz →