FinancingEASY
New Mexico uses which security instrument?
Correct Answer
B) Mortgages
NM uses mortgages primarily.
Answer Options
A
Deeds of trustB
MortgagesC
Both equallyD
Land contractsAudio Lesson3 min
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Related Topics & Key Terms
Related Topics:
foreclosure-processeslien-prioritiesreal-estate-financing-types
Key Terms:
mortgagesecurity instrumentjudicial foreclosureNew Mexicolien theory
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