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A mortgage is BEST defined as a legal document that: A) Creates an obligation to repay a loan under specific terms B) Names real estate

A mortgage is BEST defined as a legal document that:

A) Creates an obligation to repay a loan under specific terms

B) Names real estate as the security or collateral for the repayment of a loan

C) Defines a possessory interest in real estate

D) Conveys ownership of a property to its purchaser

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