Finance
Arkansas uses which security instruments to secure a real estate loan?
AOnly mortgages
BOnly deeds of trust
CBoth mortgages and deeds of trust✓ Correct
DLand contracts (contracts for deed) exclusively
Explanation
Arkansas uses both mortgages and deeds of trust as security instruments for real estate loans. Deeds of trust involve three parties: borrower (trustor), lender (beneficiary), and a neutral trustee.
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