Question

which type of property are used in collateral​

Answer 1

Answer:-

• The most common type of collateral used by borrowers is real estate. Property rights give a title of ownership to the land, improvements, and natural resources such as minerals, plants, animals, water, etc., such as one's home or a parcel of land. Such properties come with a high value and low depreciation.

Answer 2

Answer:

The most common type of collateral used by borrowers is real estate. Property rights give a title of ownership to the land, improvements, and natural resources such as minerals, plants, animals, water, etc., such as one's home or a parcel of land. Such properties come with a high value and low depreciation.

Explanation: