Suppose you want to take out a loan to buy a house in town and you want

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Suppose you want to take out a loan to buy a house in town and you want to use your farm land as collateral, but you do not have the land title. Your family has lived there for 150 years, and everybody knows it is your land. What are your chances of getting the loan? Would you say this is a prevalent problem around the world?

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Financial Markets And Institutions

ISBN: 9780138043681

10th Edition

Authors: Frederic S Mishkin, Stanley Eakins

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