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In Victoria,mortgagees Who Exercise Their Power of Sale Have a Statutory

Question 34

Multiple Choice

In Victoria,mortgagees who exercise their power of sale have a statutory duty:


A) to take reasonable care to ensure the property is sold for not less than market value or the best price that may be reasonably obtained.
B) to take reasonable care to ensure the property is sold at market value.
C) to act in good faith and to consider the interests of the mortgagor and any guarantor.
D) to satisfy all of the above requirements.

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