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What Is a Mortgage

Question 87

Multiple Choice

What is a mortgage?


A) a loan to purchase a house or other real property
B) a contract to purchase a house or other real property
C) any loan associated with real property
D) a security agreement in which real property is pledged as collateral for the related debt
E) an unsecured agreement in which real property is pledged as collateral for the related debt

Correct Answer:

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