Use the fact situation in Q1 to answer the related question that follows. If only the Royal Bank mortgage were registered on title to George's home,based on what was on title,the equity of redemption in George's home would be
A) $250 000.00
B) $50 000.00
C) $750 000.00
D) $450 000.00
E) $700 000.00
Correct Answer:
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