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Illinois Real Estate Exam

Category - Real Estate

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When duly recorded in the county where the property of the judgment debtor is located, an abstract of judgment for money awarded by a court becomes:

An involuntary lien
A voluntary lien
An attachment lien
An equitable lien

Explanation

Answer: A. A lien is a money encumbrance. In this instance, the encumbrance is placed on the property without the owner’s consent and is, therefore, involuntary.

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Illinois Real Estate Exam

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