Multiple Choice
A lender who accepts an interest in land as security for a loan is called
A) a mortgagor.
B) a insured.
C) a mortgagee.
D) a pledgor.
E) a lender.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q8: In a foreclosure,even after the final day
Q9: Partial discharges of a mortgage act to
Q10: Where the vendor accepts an offer to
Q11: A mortgage that can be paid off
Q12: Which of the following is NOT a
Q14: Explain why,in difficult economic times,it might be
Q15: Which of the following is NOT a
Q16: When faced with a mortgagor's default,a mortgagee
Q17: The land titles system has changed the
Q18: Explain why a mortgage is good protection