Finance
Oklahoma primarily uses which instrument to secure a mortgage loan on real property?
AMortgage with judicial foreclosure only
BDeed of trust allowing non-judicial foreclosure✓ Correct
CLand contract or contract for deed
DAssignment of rents
Explanation
Oklahoma commonly uses a deed of trust to secure real estate loans, which allows for non-judicial (trustee's sale) foreclosure. This process is generally faster than judicial foreclosure through the courts.
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