Which of the following is true of mortgage?
A) Improvements cannot be mortgaged separate from the land.
B) The mortgagee normally retains possession of the property.
C) A person who gives a mortgage as a security for a debt is a mortgagee.
D) A mortgage constitutes the security of the debt.
Correct Answer:
Verified
Q2: Which of the following is true of
Q3: Which of the following is true of
Q4: If a mortgagor wishes to pay off
Q5: Which of the following is true of
Q6: A person who holds a mortgage as
Q7: A mortgagor has the right to sell
Q8: When a mortgage is assigned:
A)the assignee
Q9: A mortgagor has the right to rents
Q10: The mortgage contract must follow the same
Q11: When a property is subject to a
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