Under lien theory,title and the right to possession pass from the mortgagor to the mortgagee when the mortgage is executed.

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Under lien theory, the mortgagor retains the title and right to possession of the property while the mortgagee has a lien on the property as security for the debt owed. The title and right to possession only pass to the mortgagee in the event of a default and foreclosure.

Under Lien Theory,title and the Right to Possession Pass from the Mortgagor