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    Real Estate Building
  4. Exam
    Exam 16: Understanding Real Estate: A Comprehensive Guide to Ownership, Rights, and Legalities
  5. Question
    Equity Is Defined as the Fair Market Value of a House
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Equity Is Defined as the Fair Market Value of a House

Question 58

Question 58

True/False

Equity is defined as the fair market value of a house minus any outstanding loans.

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