A mortgage is:

A A purchase of property

B A lien on real property as security for a debt

C A lease agreement

D An insurance policy

✓ Correct Answer: Option B

A mortgage creates a security interest (lien) in real property that the borrower grants to the lender as collateral for repayment of a loan.

💡 Why is B) the correct answer?

The correct answer to the question "A mortgage is:" is Option B: A lien on real property as security for a debt.

The other options — A) A purchase of property, C) A lease agreement, D) An insurance policy — are incorrect for this BAR Exam Prep question. As explained above: A mortgage creates a security interest (lien) in real property that the borrower grants to the lender as collateral for repayment of a loan.

📚 About This BAR Exam Prep Practice Question

This 1-level BAR Exam Prep question from the Real Property topic is part of BrainForge Quiz's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.

How to use this page: Read the question above, consider all four options (A through D), then check the highlighted correct answer and explanation. For active timed practice, start a free BAR Exam Prep practice test or use flashcards for spaced repetition review.

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A mortgage is:

✓ Correct Answer: Option B

📚 About This BAR Exam Prep Practice Question

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