Solved

Vigo Has Just Decided on a New House to Buy

Question 74

Multiple Choice

Vigo has just decided on a new house to buy and is getting ready to sign the mortgage contract.Which of the following should Vigo not expect to see?


A) A term stating that if Vigo misses a single payment,he must immediately repay the full amount of the loan
B) A term stating that the mortgagee has the option to request additional payments after the debt has been repaid
C) A term indicating that the mortgagee is entitled to a certain amount of money to pay taxes
D) A term requiring fire insurance on the property
E) A term prohibiting Vigo from killing the grass on the property

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