• January 5, 2011

OK. ┬áSometimes Choate is, in fact, a prestigious East Coast prep school and does rhyme with “boat.”

But Minnesota real property lawyers should take note that “choate” starts with a hard “c” and rhymes with “know it” and it’s handy for mortgages to be “choate” when battling with other creditors as to whose security interest “trumps” whose…

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