Practice Quiz

Illinois Real Estate Exam

Category - Illinois

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An attachment is classified as:
  1. A judgment
  2. A lien
  3. An encroachment
  4. An appurtenance
Explanation
Answer: B. An attachment is a process by which real or personal property of a debtor is seized and held in custody of the law as security for the satisfaction of a judgment the creditor hopes to secure as the result of a law suit. The attachment creates a lien against the property and it may not be sold free of the attachment without satisfaction or release of the attachment, or the posting of a bond.
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