Which of the following types is NOT associated with security interests in land?

Types of security interests in land are financial arrangements that allow a lender to hold a claim on the property until the borrower repays the debt. Mortgages, deeds of trust, and land sales contracts are all legal mechanisms that create security interests, enabling lenders to enforce their claims in the event of default.

Mortgages involve an agreement between a borrower and a lender where the property serves as collateral for the loan. Deeds of trust also serve a similar purpose but involve a third party (the trustee) who holds the title until the debt is paid. Land sales contracts function as an installment sale where the buyer takes possession of the property but the seller retains the title until full payment is made, thus providing the seller with a security interest in the property.

On the other hand, joint tenancy agreements pertain to ownership rights rather than securing loans or financial obligations. They establish equal ownership of property by multiple individuals, allowing any of the co-owners to have full access and rights to the property. This type of agreement does not provide a security interest and is focused on property ownership rather than financial security. Therefore, this distinction clarifies why joint tenancy agreements are not associated with security interests in land.