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Match Each Term with the Correct Definition

question 18

Multiple Choice

Match each term with the correct definition.
-The 1942 Stabilization Act

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Definitions:

Real Estate

Property consisting of land and the buildings on it, along with its natural resources.

Consideration

In contract law, the benefit or value that is exchanged between parties in a contract, making it binding and legally enforceable.

Deed of Trust

A document that conveys title to real property to a trustee as security for a loan until the grantor (borrower) pays the lender according to the terms of a loan.

Mortgage

A loan secured by the collateral of real estate property, where the borrower is obliged to pay back with a predetermined set of payments.

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