Finance
In Ohio, a mortgage is legally created when:
AThe borrower signs the promissory note
BThe mortgage document is signed, delivered, and recorded✓ Correct
CThe lender approves the loan application
DThe closing disclosure is signed
Explanation
A mortgage is created when the mortgage document is signed by the borrower, delivered to the lender, and recorded with the county recorder. Recording provides constructive notice to third parties.
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