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In New South Wales,mortgagees Who Exercise Their Power of Sale

Question 29

Multiple Choice

In New South Wales,mortgagees who exercise their power of sale have a statutory duty:


A) to take reasonable care to ensure the property is sold at market value.
B) to act in good faith and to consider the interests of the mortgagor and any guarantor.
C) 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.
D) to satisfy all of the above requirements.

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