angiebert77 angiebert77

18-05-2022
Business

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In title theory states what clause is unique to the mortgage?

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leysmxth leysmxth

18-05-2022

Answer:

Since a defeasance clause conveys title upon satisfaction of the loan, these types of clauses are typically only used in title theory states where the bank holds ownership of the home until the mortgage is paid off.

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