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What is Collateral?

Bailey & WoodMarch 21, 2019

<span id="hs_cos_wrapper_name" class="hs_cos_wrapper hs_cos_wrapper_meta_field hs_cos_wrapper_type_text" style="" data-hs-cos-general-type="meta_field" data-hs-cos-type="text" >What is Collateral?</span>

When obtaining a mortgage the subject property is used as collateral.

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