A security interest in real property is called a
A)lien.
B)mortgage.
C)grant easement.
D)reversion.

Question

Quizplus · Accepted Answer

A mortgage is a type of security interest in real property where the lender (mortgagee) has the right to take possession of the property if the borrower (mortgagor) fails to repay the loan. A lien is a broader term for any legal claim or hold on property, but does not specifically refer to real property. A grant easement is a right granted by a property owner to someone else to use the property for a specific purpose, but does not involve a security interest. Reversion refers to the right of a property owner to have the property revert back to them after a specific event or time period has passed.

A Security Interest in Real Property Is Called a