If a bank has foreclosed on a property located in Alberta,Saskatchewan,or British Columbia and has been left with a deficiency after its sale,the vendor cannot sue personally sue individual borrowers and can sue only corporations that have waived their statutory protection.
Correct Answer:
Verified
Q41: Real property is largely governed by common
Q41: Tangible personal property that is attached to
Q42: Joint tenancy,which is typically the form of
Q43: Although a landlord's basic obligation is to
Q45: The mortgagor is the party who lends
Q46: Marina has given the required 90 days'
Q48: The highest and most comprehensive level of
Q54: In a province using a registry system,
Q54: Administrators of the land titles system do
Q60: Before Anya can draft the letter to
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