Property Ownership
A Kentucky statutory lien for unpaid property taxes is a:
AVoluntary lien
BSpecific involuntary lien✓ Correct
CGeneral lien
DConsensual lien
Explanation
A property tax lien is a specific involuntary lien — it is placed on a specific property (not all the owner's assets) by operation of law (involuntarily) for unpaid property taxes.
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Key Terms to Know
Lien
A financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Pre-ApprovalA lender's conditional commitment to loan a specific amount to a borrower, based on verified income, credit, and assets.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
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