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Which of the following best describes the situation of serfs in Europe during the Middle Ages?
Home Mortgage
A loan provided by a lender or financial institution to purchase a house, where the property itself is used as collateral.
Wealth Taxes
Taxes levied on the total value of personal assets, including real estate, bank deposits, shares, and other forms of property.
Ad Valorem Taxes
Ad valorem taxes are taxes based on the assessed value of real estate or personal property, commonly used in property tax.
Real Estate
Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water.
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