Property Ownership
Which of the following creates an involuntary lien on a South Dakota property?
ATaking out a home equity loan
BSigning a deed of trust
CA court-ordered judgment against the property owner✓ Correct
DA builder's construction loan
Explanation
A judgment lien is involuntary — it attaches by operation of law when a court enters a money judgment against a property owner, without the owner's consent. Mortgages and deeds of trust are voluntary liens.
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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.
Deed of TrustA security instrument used in many states instead of a mortgage, involving three parties: borrower (trustor), lender (beneficiary), and a neutral trustee.
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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