Florida Real Estate Exam Practice 2026 – Complete Study Resource

Question: 1 / 400

In Title Theory states, the borrower does not actually own the property until what happens?

The mortgage is paid off and the lender releases the deed

In Title Theory states, the borrower does not actually own the property until the mortgage is paid off and the lender releases the deed. This means that until the borrower fulfills their financial obligation, the legal ownership of the property remains with the lender. Option B, selling the property, does not necessarily mean that the borrower no longer owns the property as the proceeds from the sale would go towards paying off the mortgage. Option C, signing a new mortgage, does not directly affect the ownership of the property. Option D, state government intervention, typically does not involve the transfer of ownership from the borrower to the lender unless there is a foreclosure process involved.

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The property is sold

A new mortgage is signed

The state government intervenes

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