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LekaFEV [45]
2 years ago
6

Elaina and Allen just purchased a home using a deed of trust. Which of the following is most likely true about their home loan

Business
1 answer:
kozerog [31]2 years ago
3 0

Elaina and Allen just purchased a home using a deed of trust: A trustee will keep the title in its most basic form until the debt is paid off. This is further explained below.

<h3>What is a deed of trust?</h3>

Generally, From the perspective of the lender, a deed of trust offers a significant advantage over a mortgage in a number of important respects. In the event that the borrower fails to make their required payments on the loan, the trustee has the authority to use their right to foreclose on the property on behalf of the beneficiary.

In conclusion, A deed of trust was used in the recent purchase of a property by Elaina and Allen. Until the mortgage debt is completely paid off, a trustee will retain the title in its simplest form.

Read more about the deed of trust

brainly.com/question/8920219

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When maria comes home from work, she finds that her yard has been mowed and trimmed. an hour later, a man comes to her door to c
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d. maria would not have to pay anything.

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You are trying to explain to your friends the importance of using real GDP to measure economic health over time, but some of the
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Nominal GDP is the value of goods and services that is calculated on the basis of current year prices whereas Real GDP is the value of goods and services that is determined on the basis of Base year prices. If we are using the identical price for both the years for calculating GDP then we can see the increment in the current year GDP from the last year. This means that the quantity of goods produced in the current year is larger than the last year. That's why it is important to use Real GDP rather than Nominal GDP.

Given that,

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