Multiple Choice
When there is a mortgage on land, the is the borrower, and the is the lender.
A) mortgage broker; mortgagor
B) debtor; land owner
C) mortgagor; mortgagee
D) creditor; bank
E) mortgagee; mortgagor
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q6: A third mortgage is a mortgage of
Q12: Which of the following is not true
Q14: A second mortgage is a mortgage of
Q15: Distinguish between a first and second mortgage?
Q16: In a foreclosure, even after the final
Q18: What is the difference and relationship between
Q19: In a real estate transaction, the statement
Q20: Michael misses a mortgage payment and receives
Q22: Which of the following is not a
Q35: Explain the concept of a mortgage.