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Maryland Law Review Volume 19 Issue 4Afteracquired Property as Mortgage Security in Maryland Bridgewater M. ArnoldFollow this and additional works at: http://digitalcommons.law.umaryland.edu/mlr Part
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What is after-acquired property as mortgage?
After-acquired property as mortgage refers to property that is acquired by a borrower after the initial mortgage is taken out.
Who is required to file after-acquired property as mortgage?
The borrower is typically required to file after-acquired property as mortgage.
How to fill out after-acquired property as mortgage?
To fill out after-acquired property as mortgage, the borrower must provide information about the newly acquired property and any changes to the original mortgage agreement.
What is the purpose of after-acquired property as mortgage?
The purpose of after-acquired property as mortgage is to ensure that the lender has a claim on any new property acquired by the borrower, in case of default on the original mortgage.
What information must be reported on after-acquired property as mortgage?
The borrower must report details of the new property, including its address, value, and any changes to the initial mortgage terms.
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