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According to _____, a person in the lower class does not have a strong sense of morality and thus is not constrained by legal rules.
Development Mortgage
A loan specifically intended to finance the development of real estate, such as the construction of residential or commercial buildings.
Legal Mortgage
A first mortgage of real property whereby the owner of land in fee simple transfers the title of the property pledged as security to the creditor on the condition that the title will be reconveyed when the debt is paid.
First Mortgage
A primary mortgage on a property that has precedence over all other mortgages or liens.
Charge
A secured claim (similar to a mortgage) registered against real property under the Land Titles System.
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