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Business LibreTexts

12: Mortgages and Nonconsensual Liens

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    • vendetta-157703_960_720.png
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    Learning Objectives

    After reading this chapter, you should understand the following:

    • The basic concepts of mortgages
    • How the mortgage is created
    • Priorities with mortgages as security devices
    • Termination of the mortgage
    • Other methods of using real estate as security
    • Nonconsensual liens