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    Business
  3. Study Set
    Contemporary Business Law
  4. Exam
    Exam 23: Credit, Real Property Financing, and Secured Transactions
  5. Question
    A Mortgage Refers to an Arrangement Where an Owner of Real
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A Mortgage Refers to an Arrangement Where an Owner of Real

Question 92

Question 92

True/False

A mortgage refers to an arrangement where an owner of real property borrows money from a lender and pledges the real property as collateral to secure the repayment of the loan.

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