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Real Estate > Encumbrances & Liens - Lien Theory & Title Theory > Flashcards

Encumbrances & Liens - Lien Theory & Title Theory Flashcards

1
Q

Lender of mortgaged property holds equitable title rather than legal title
Borrower holds legal title

A

Lien Theory State

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2
Q

Lender holds legal title to the mortgaged property until the mortgagor satisfies the terms and obligations of the loan

A

Title Theory State

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Real Estate (15 decks)

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