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Maryland uses which security instrument?

Correct Answer

B) Both mortgages and deeds of trust

Maryland uses both mortgages and deeds of trust as security instruments.

Answer Options
A
Deed of trust only
B
Both mortgages and deeds of trust
C
Land contracts only
D
Security agreements
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Related Topics & Key Terms

Related Topics:

foreclosure-processesreal-estate-financing-optionslien-prioritiesborrower-protection-laws

Key Terms:

mortgagedeed of trustsecurity instrumentMaryland financingtrustee
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