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    Contemporary Business Law
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    Exam 23: Credit, Real Property Financing, and Secured Transactions
  5. Question
    The Nonrecordation of a Mortgage Does Not Affect the Legality
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The Nonrecordation of a Mortgage Does Not Affect the Legality

Question 43

Question 43

True/False

The nonrecordation of a mortgage does not affect the legality of the instrument between the mortgagor and the mortgagee.

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