Exam (elaborations)
RECA RESIDENTIAL UNIT 6 EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+
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"Equity" meaning ANSWER: The market value of the property, less the outstanding balance of the mortgage and any other financial obligation registered against the property Definition of "Mortgage" ANSWER: The pledging of real property to a loender as security for a debt. In other words, a m...
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