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A mortgage is BEST defined as a legal document that: Question 8 options: defines a possessory interest in real estate. creates an obligation to repay
A mortgage is BEST defined as a legal document that:
Question options:
defines a possessory interest in real estate.
creates an obligation to repay a loan under specific terms.
conveys ownership of a property to its purchaser.
names real estate as the security or collateral for the repayment of a loan
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