Rita, an Alberta resident, has just paid off a mortgage on property located in Nova Scotia. She has a right to demand that the mortgagee provide her with a Release of Mortgage that can be registered. Why will title be returned to Rita?
A) She has legal title to the property.
B) It was an equitable mortgage.
C) Repayment fulfilled the acceleration clause.
D) She has the equity of redemption.
E) She is foreclosed.
Correct Answer:
Verified
Q1: Bondi gave a mortgage to Dante on
Q3: Bondi gave a mortgage to Dante on
Q4: The _ transfers the _ to the
Q5: A system of advances is common under
A)
Q6: Holly purchased a home in Manitoba. The
Q7: Where a first mortgagee completes a foreclosure
Q8: Bondi gave a mortgage to Dante on
Q9: Harlan owns a rural farm in Nova
Q10: Bondi gave a mortgage to Dante on
Q11: Harlan owns a rural farm in Nova
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