In California, which of the following is an example of a voluntary lien?
Correct Answer
D) A deed of trust given by the homeowner to a lender
A deed of trust is a voluntary lien because the homeowner willingly agrees to pledge the property as security for a loan. The borrower voluntarily enters into the lending agreement and gives the lender a security interest in the property.
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A California property has a CC&R (Covenants, Conditions & Restrictions) recorded against it that prohibits parking commercial vehicles in the driveway. A new buyer purchases the property and begins parking their work truck there. Can the HOA enforce this restriction against the new buyer?
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