Under a mortgage of old system land, when is the mortgagee entitled to take possession of the mortgaged property?
A) At any time because the mortgagee is the legal owner of the property.
B) Only when the mortgagor defaults on payment by 2 months.
C) Only when the mortgagor is in breach of a condition of the mortgage.
D) Only after obtaining a court judgement granting them possession.
Correct Answer:
Verified
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