Finance
A 'blanket mortgage' covers:
AMultiple properties under a single mortgage✓ Correct
BA single property with multiple loan types
CBoth the land and improvements under one loan
DA property's mineral and surface rights
Explanation
A blanket mortgage places a single mortgage lien on two or more properties as combined collateral for the same loan. It is commonly used by developers financing multiple lots in a subdivision and typically includes a release clause.
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