When a property is subject to a mortgage, who is responsible for paying the taxes?
A) the mortgage abates tax liability
B) the bank
C) the mortgagee
D) the mortgagor
Correct Answer:
Verified
Q6: A person who holds a mortgage as
Q7: A mortgagor has the right to sell
Q8: When a mortgage is assigned:
A)the assignee
Q9: A mortgagor has the right to rents
Q10: The mortgage contract must follow the same
Q12: Explain any one duty of a
Q13: The first mortgage takes precedence over the
Q14: A mortgagee normally retains possession of the
Q15: A mortgagee has the duty to pay
Q16: The rights of the mortgagee under the
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