Final answer:
A trust deed and note are legal instruments used in real estate transactions. They create a lien on the property and serve as evidence of the borrower's debt to the lender. Therefore the correct answer is 4) real property
Step-by-step explanation:
A trust deed and note are legal instruments used in real estate transactions. They are typically used in mortgage loans and serve as evidence of the borrower's debt to the lender.
The trust deed is a document that creates a lien on the property being financed, while the note is a promise to repay the loan. Together, they establish the rights and obligations of the parties involved and provide security for the lender.
Both the trust deed and note are considered real property as they are directly related to the ownership and financing of real estate.