Multiple Choice
Jack enters into a lease with Mary for a term of one year. After six months Mary grants a mortgage over the leased property to the Royal Bank of Canada. A month later Mary defaults under the mortgage. Which of the following is not true?
A) Jack can continue to observes the terms of the lease.
B) The Royal Bank of Canada may claim the reversion.
C) The Royal Bank of Canada is bound by the lease and cannot obtain possession.
D) The Royal Bank of Canada's title is subject to lease.
E) The Royal Bank of Canada can evict Jack and sell the property.
Correct Answer:

Verified
Correct Answer:
Verified
Q11: Jack enters into a lease with Mary,his
Q21: A tenancy that lasts from month to
Q28: Where there has been a breach of
Q29: A leasehold interest is not an estate
Q31: The landlord's covenant of quiet enjoyment means
Q32: Objects that are attached to the land
Q34: In residential tenancy legislation, most provinces have:<br>A)
Q36: Mary's tenancy is due to end on
Q38: Jack enters into a lease with Mary
Q55: Privity of estate with a new landlord