Which of the following items is least likely to be recorded?
A.
mortgage lien
B.
bill of sale
C.
mechanic's lien
D.
satisfaction of mortgage
The Answer Is:
B
This question includes an explanation.
Explanation:
A bill of sale is least likely to be recorded in the real property records because it usually transfers personal property, not an estate or lien in real property. By contrast, a mortgage lien is recorded to give public notice of the lender’s security interest. A mechanic’s lien is recorded or filed to preserve a statutory claim for labor or materials. A satisfaction of mortgage is recorded to show that a mortgage lien has been paid and released. Recording is essential in title practice because title examiners rely on public records to identify conveyances, liens, releases, and encumbrances affecting land. The Pennsylvania title outline includes mortgages, releases, recording steps, recording systems, mechanic’s liens, and title exceptions.
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