If mortgagors sell the interest in their property without the consent of the mortgagee:
A) they have acted illegally.
B) the sale does not affect the mortgagee's interest in the property.
C) the mortgagee will lose his/her interest in the property.
D) the mortgagee will lose all claims against the mortgagor.
Correct Answer:
Verified
Q21: Possessory liens give the lienholder the right
Q22: _ of the Uniform Commercial Code sets
Q28: Under the common law,airlines were entitled to
Q29: _ implies that the creditor has no
Q30: A common law lien essentially includes:
A)only possession
Q31: If Jack is a surety for John,Jack's
Q32: Linda and David borrowed $10,000 from the
Q34: Amanda and Janice were cosureties for their
Q35: Artisans who retain goods are liable for
Q36: An employee from Dr.Don's Automobile Hospital,Inc.made a
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