An oral promise to transfer land after death
An instrument creating a lien on real estate as security for a specified debt
A certificate issued by a county clerk to prove a notary's authority
A writing that transfers only possession at will
Correct Answer
B. An instrument creating a lien on real estate as security for a specified debt
AI Explanation
The glossary treats a mortgage as a security device tied to debt. In "Definitions and General Terms," a mortgage on real property is an instrument in writing, duly executed and delivered, that creates a lien upon real estate as security for payment of a specified debt. For contrast, a lease transfers possession rights, not a security lien for debt.
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