Which of the following is a three-party instrument?
A) deed of trust
B) mortgage
C) both a deed of trust and a mortgage
D) neither a deed of trust nor a mortgage
Correct Answer:
Verified
Q5: Unsecured credit requires collateral to protect the
Q16: The recording of a mortgage does not
Q17: Foreclosure is another word for the taking
Q19: Generally,a creditor would rather be a secured
Q20: In a mortgage,the owner-debtor is the mortgagor.
Q22: When a debtor fails to pay a
Q23: Mechanic's liens are usually subject to the
Q24: Which of the following is commonly used
Q25: What is a mortgage?
A) a loan to
Q26: A lien release is a document signed
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