Virginia Real Estate Exam Practice Question
Which of these statements best illustrates the difference between general and specific liens?
Correct Answer: A
Rationale: Option A, the Discrimination Review Board, highlights a general lien as it pertains to broader legal and ethical standards affecting multiple properties or individuals. General liens apply to a debtor's overall assets rather than a specific item.
In contrast, Options B (Penalties Board), C (Real Estate Board), and D (Virginia Association of REALTORS) do not exemplify the distinction between general and specific liens. These entities focus on regulatory or professional standards rather than lien types, making them less relevant for illustrating the concept of general versus specific liens.
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