A borrower who conveys the interest in land as security for a loan is called
A) a mortgagee.
B) a mortgagor.
C) a pledgor.
D) a lender.
E) a insured.
Correct Answer:
Verified
Q1: A mortgage that permits repayment of the
Q2: A mortgagee is the holder of the
Q4: A mortgagee is
A) an unsecured creditor
B) a
Q5: A lender who accepts an interest in
Q6: Upon a sale of property, the document
Q7: A creditor who has no security other
Q8: Under the land titles system, mortgages are
Q9: An interest in land recognized by the
Q10: The date for completing the sale of
Q11: An order by a court that ends
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