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A mortgage is BEST defined as a legal document that: Multiple Choice creates an obligation to repay a loan under specific terms. names real estate

A mortgage is BEST defined as a legal document that:

Multiple Choice

creates an obligation to repay a loan under specific

terms.

names real estate as the security or collateral for the

repayment of a loan.

defines a possessory interest in real estate.

conveys ownership of a property to its purchaser.

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