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A Mortgage Covering the Loan Arranged by Kryhalla Spa Inc

Question 18

Multiple Choice

A mortgage covering the loan arranged by Kryhalla Spa Inc.has been forwarded to the land titles system.What is the most likely result once the document has been registered?


A) Registration gives the owner an occupier's right to the land.
B) Registration transfers ownership to the lender for the duration of the loan.
C) Registration creates a right to have ownership restored.
D) Registration creates a charge on land until repayment is complete.

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