Use the fact situation in Q1 to answer the related question that follows. Given the date and time of registration of the Royal Bank and the TD Canada Trust mortgages,if George defaults in payment of the TD Canada Trust mortgage,TD Canada Trust can
A) sell the property under power of sale.
B) seek judgment on the covenant for payment for the balance remaining on its mortgage.
C) bring an action for foreclosure.
D) bring an action for possession of the property.
E) all of the above
Correct Answer:
Verified
Q4: A mortgage that permits repayment of the
Q8: George owns an acre of land and
Q9: The right of the mortgagee,given by a
Q15: Use the fact situation in Q1 to
Q17: Upon a sale of property,the document that
Q18: Use the fact situation in Q1 to
Q20: Under the registry system,when a first mortgagee
Q20: Under the land titles system,a first mortgage
Q23: The rules regarding assignments continue in respect
Q34: A third mortgage is a mortgage of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents