A mortgage that permits repayment of the debt at any time without notice or penalty is called
A) a partial mortgage.
B) a closed mortgage.
C) a conventional mortgage.
D) an open mortgage.
E) an insured mortgage.
Correct Answer:
Verified
Q1: A mortgagee is
A)a preferred creditor.
B)a secured creditor.
C)an
Q2: In a foreclosure,even after the final day
Q3: The land titles system has changed the
Q5: Which of the following is NOT a
Q6: Which of the following is NOT a
Q7: On receipt of an agreement of purchase
Q8: George owns an acre of land and
Q9: The right of the mortgagee,given by a
Q10: If a mortgagee does NOT register the
Q11: A creditor who has no security other
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