Can a mortgage be used to finance the purchase of something other than the land that is

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Can a mortgage be used to finance the purchase of something other than the land that is being mortgaged? Illustrate your answer with an example.

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Managing the Law The Legal Aspects of Doing Business

ISBN: 978-0133847154

5th edition

Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer

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Question Posted: Feb 20, 2019 10:58 AM

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Can a mortgage be used to finance the purchase of something other than the land that is

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A mortgage is simply a property interest that secures the satisfaction of a debt V...View the full answer

Managing the Law The Legal Aspects of Doing Business

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