Finance
Under Idaho law, what is the primary security instrument used in residential real estate financing?
AMortgage
BDeed of trust✓ Correct
CLand contract
DCollateral note
Explanation
Idaho is a deed of trust state. In residential real estate financing, the deed of trust (rather than a traditional mortgage) is the primary security instrument. It involves three parties: trustor (borrower), trustee, and beneficiary (lender).
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