Examlex
Which of the following is a descending tract?
Mortgaged Property
Real estate or property whose ownership is conditional upon the repayment of a loan secured by the property itself.
Estate
An individual's net worth in the eyes of the law, encompassing all personal property, real property, and other assets.
Ungifted Cash
Cash that a person holds and has not been received as a gift.
Outstanding Claims
Legal claims or demands for payment that have been made but not yet settled or paid.
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