This is “Mortgages and Nonconsensual Liens”, chapter 22 from the book The Legal Environment and Business Law: Master of Accountancy Edition (v. 1.0). For details on it (including licensing), click here.

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Chapter 22 Mortgages and Nonconsensual Liens

Learning Objectives

After reading this chapter, you should understand the following:

  1. The basic concepts of mortgages
  2. How the mortgage is created
  3. Priorities with mortgages as security devices
  4. Termination of the mortgage
  5. Other methods of using real estate as security
  6. Nonconsensual liens