Real Estate Brokerage and Agency: When a person in MA purchases a property, the title is split between the mortgage (bank), who takes__________ , and the mortgagor (owner), who takes the _____title. This splitting of the title makes MA a ______.

Question

When a person in MA purchases a property, the title is split between the mortgage (bank), who takes__________ , and the mortgagor (owner), who takes the _____title. This splitting of the title makes MA a ______.

Ariaun Stewart · Accepted Answer

legal title to the property...equitable ....title theory state

Real Estate Brokerage and Agency

When a person in MA purchases a property, the title is split between the mortgage (bank), who takes________ , and the mortgagor (owner), who takes the _title. This splitting of the title makes MA a ____.

Legal title to the property...equitable ....title theory state

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