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Connecticut uses which security instrument?
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Question & Answer
Review the question and all answer choices
A
Deed of trust only
B
Mortgages
Correct Answer
C
Both equally
D
Land contracts only
Land contracts are not security instruments but rather installment sale agreements where the seller retains legal title until full payment is received.
Why is this correct?
Connecticut uses mortgages as its primary security instrument because state law requires judicial foreclosure procedures, which is consistent with mortgage-based security rather than deed of trust arrangements.
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