What is protocol & Mortgage explain it.
Answers
Answer:
A mortgage is a loan – provided by a mortgage lender or a bank. ... While it's possible to take out loans to cover the entire cost of a home, it's more common to secure a loan for about 80% of the home's value. The loan must be paid back over time. The home purchased acts as collateral.
Explanation:
A communication protocol is a system of rules that allows two or more entities of a communications system to transmit information via any kind of variation of a physical quantity. The protocol defines the rules, syntax, semantics and synchronization of communication and possible error recovery methods
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▣⇛What is protocol & Mortgage explain it.
✎✍ The aims of the Pre-action Protocol for
Possession Claims based on Mortgage Arrears
is to: ensure the lender and borrower act fairly
and reasonably with each other in resolving any
matters concerning arrears. encourage lenders to check who is in occupation of the property before issuing possession proceedings.