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Which prototype includes only some, but not all, of the components of the final system?
Property Owner
An individual or entity that legally holds title to or owns real estate or other property.
Lien Theory
A legal concept regarding real estate financing that holds a mortgage as merely a lien on property title, rather than an actual transfer of title.
Mortgagee's Interest
The legal interest or right that a lender (mortgagee) holds in the property of the borrower (mortgagor) as security for the loan.
Title Theory
A legal concept in real estate law where the lender holds title to the property until the loan is paid off by the borrower.
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