What term describes a type of security interest that affects the title to the property?

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Multiple Choice

What term describes a type of security interest that affects the title to the property?

Explanation:
A lien. A lien is a security interest that attaches to the property itself and affects its title, giving the lender a claim if the debt isn’t paid. Mortgages and deeds of trust are mechanisms that create and enforce that lien on real estate, while a note is simply the borrower's promise to pay. So the security interest that affects the title is the lien.

A lien. A lien is a security interest that attaches to the property itself and affects its title, giving the lender a claim if the debt isn’t paid. Mortgages and deeds of trust are mechanisms that create and enforce that lien on real estate, while a note is simply the borrower's promise to pay. So the security interest that affects the title is the lien.

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