Finance
Which document gives a Connecticut lender the right to foreclose on a property if the borrower defaults?
APromissory note
BMortgage (deed of trust)✓ Correct
CDeed of conveyance
DTitle insurance policy
Explanation
The mortgage is the security instrument that pledges the property as collateral for the loan and gives the lender the right to foreclose if the borrower defaults. The promissory note is the personal promise to repay.
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