Property Ownership
Under Ohio law, a 'deed of trust' is:
AThe primary security instrument used in Ohio residential mortgages
BNot commonly used in Ohio; Ohio uses mortgages instead✓ Correct
CIdentical to a general warranty deed
DRequired for all commercial transactions
Explanation
Ohio is a mortgage state. Unlike some states that use deeds of trust, Ohio uses the traditional two-party mortgage instrument in which the borrower mortgages the property to the lender.
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