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Virginia primarily uses which security instrument?

Correct Answer

B) Deeds of trust

Virginia primarily uses deeds of trust as the security instrument for real estate loans.

Answer Options
A
Mortgages only
B
Deeds of trust
C
Land contracts
D
Security agreements
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Related Topics & Key Terms

Related Topics:

foreclosure-processesreal-estate-financingstate-specific-real-estate-laws

Key Terms:

deed of trustsecurity instrumentnon-judicial foreclosuretrusteeVirginia financing
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