A piece of land called Blackacre is subject to a mortgage in favour of Maia.The mortgage is in default.It may be possible for Maia to enforce her security by selling Blackacre without complying with the procedures for a judicial sale.

Question

Quizplus · Accepted Answer

Maia can exercise her power of sale as a mortgagee without going through the court's judicial sale procedure, provided that she follows the legal requirements for a power of sale in the mortgage contract and applicable legislation.

A Piece of Land Called Blackacre Is Subject to a Mortgage