Because a mortgage conveys an interest in property to the lender, to protect the lender's investment, the mortgage typically requires the borrower to
A)maintain the property.
B)ensure that the mortgage complies with the law.
C)refinance within a short time after obtaining the mortgage.
D)record the loan.

Question

Quizplus · Accepted Answer

Maintaining the property ensures that its value, which secures the loan, does not diminish, protecting the lender's investment.

Because a Mortgage Conveys an Interest in Property to the Lender