Which of the following statements provides the best definition or description for "the curtain principle"?
A) A subsequent mortgagee will lose its security if a prior mortgagee forecloses.
B) The sale of a residential property usually includes anything attached to the house,such as curtain rods and dishwashers.
C) An interest in land may be obtained through adverse possession if the owner does not use a "window of opportunity" to enforce its rights.
D) A purchaser of land should conduct a title search to ensure that there are no hidden interests in the property.
E) There is no need to look behind a certificate of title in order to identify valid interests in land.
Correct Answer:
Verified
Q25: Astrid borrowed $500 000 from Bartholomew.As security
Q26: Letitia contractually agreed to sell a piece
Q27: Albert owns a piece of land called
Q28: Pavla is the victim of mortgage fraud
Q29: Hristo created a mortgage,in favour of Tippi,over
Q31: Suneeta wants to buy a large commercial
Q32: Halle agreed to sell a piece of
Q33: In order to purchase an interest in
Q35: Which of the following statements provides the
Q37: A registry system and a land titles
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