Solved

The 'Right of Redemption' in Relation to a Mortgage of Torrens

Question 47

Multiple Choice

The 'right of redemption' in relation to a mortgage of Torrens system land refers to:


A) the mortgagee's right to insist upon the execution of a registrable release of the mortgage by the mortgagor upon payment of the loan.
B) the mortgagor's right to insist upon the execution of a registrable release of the mortgage by the mortgagee upon payment of the loan.
C) the mortgagor's right to redeem the land in the event of a late payment.
D) the mortgagee's right to redeem the land if all payments were made as contracted.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions