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Find the odd one out:
house
mortgage
hypothecation
immovable property
Mortgage is done for immovable properties like land, building, warehouse etc. Hypothecation, on the other hand, is done for movable properties like car, vehicles, stocks etc. Under mortgage, the interest of the asset would be transferred to the lender first and then once the amount is paid off, it is re-transferred. House is odd from these words.
By: Amit Kumar ProfileResourcesReport error
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