Finance
In Vermont, a deed of trust differs from a mortgage in that:
AA deed of trust is only used for commercial properties
BVermont primarily uses traditional mortgages with judicial foreclosure; deed of trust is less common✓ Correct
CA deed of trust has no foreclosure remedy
DA deed of trust requires three parties and Vermont does not allow them
Explanation
Vermont primarily uses traditional mortgage instruments with judicial foreclosure. While deeds of trust are used in other states, Vermont's real estate finance law centers on mortgages and judicial foreclosure proceedings.
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