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From course:

Real Estate Brokerage and Agency

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Question:

A mortgagor (owner) who grants property to a mortgagee (bank) uses a document similar to a_______. This document contains provisions for the mortgagor (owner) to get the property back by fulfilling certain conditions, such as _______________, __________, ______________, ____________________, and so on.

Author: Ariaun Stewart



Answer:

Warranty deed....pay back the money borrowed with interest, Keep the property insured, pay the taxes, keep the property in good repair,


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