Flora lives in Winnipeg and has recently defaulted on her mortgage.Which of the following will likely occur?
A) The mortgagee will have the property made available to them.
B) Flora will have her property taken and be sued for the outstanding debt.
C) Flora will be sued for the outstanding debt.
D) The mortgagee will exercise their charge over the land.
E) Flora will transfer ownership of the land to the mortgagee.
Correct Answer:
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