Chapter Definitions

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As used in this chapter, unless the context otherwise requires:

  1. “Home loan” means a loan which is:
    1. Secured by real estate owned and occupied by the borrower for family residential purposes and which may include not more than three (3) additional residential units; and
    2. Amortized over a period greater than one hundred eighty-one (181) months; and
  2. Other terms used in this chapter, but not defined in this chapter, have the same meaning given to them by § 47-14-102.


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