Priscilla Han signs a mortgage document to mortgage her house to Pascal Wong. Pascal does not register it. Priscilla then sells the property to Danny Kwon who does not know of the mortgage and who registers the deed. Which of the following statements is TRUE?
A) The mortgage is enforceable against Danny because Priscilla signed it when she owned the property.
B) The mortgage is enforceable against Danny because it is in writing.
C) The mortgage is not enforceable against Danny because it was not registered.
D) The mortgage is enforceable because mortgage rights cannot be extinguished except by fraud.
E) both A and B
Correct Answer:
Verified
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