Solved

Mr S Sold His Land to Mr

Question 17

Multiple Choice

Mr. S sold his land to Mr. B with a right to repurchase within ten years from the date of sale. Despite the lapse of the period of redemption, no such redemption was made.


A) Ownership of the land was consolidated on Mr. by virtue of the failure to redeem by Mr. S.
B) Ownership of the land will be consolidated only upon the registration of the sale with the registry of deeds.
C) Ownership of the land will be consolidated only upon a judicial order.
D) Ownership will be consolidated only with the consent of Mr. S.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents