FinancingGeneralEASY
North Carolina uses which security instrument for real estate loans?
Correct Answer
C) Deed of trust
North Carolina primarily uses deeds of trust as the security instrument for real estate loans.
Answer Options
A
Security deedB
MortgageC
Deed of trustD
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Related Topics & Key Terms
Related Topics:
foreclosure-processesstate-specific-financing-lawssecurity-instruments-comparison
Key Terms:
deed of trustsecurity instrumentNorth Carolina General Statutes Chapter 45non-judicial foreclosuretrustee
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