Idaho License Law
Idaho is classified as a lien theory state. This means that when a buyer takes out a mortgage:
AThe lender holds legal title until the loan is paid off
BThe borrower retains legal title and the lender holds a lien✓ Correct
CThe property is held in trust by a trustee
DThe title is held jointly by the borrower and lender
Explanation
In a lien theory state like Idaho, the borrower retains legal title to the property. The mortgage creates a lien on the property in the lender's favor as security for the loan.
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