Multiple Choice
Which of the following is not a condition that must be satisfied before a mortgagee can exercise their power of sale?
A) A default must be made by the mortgagor.
B) A notice of exercise of power of sale must be served upon the mortgagor.
C) 30 days must pass after service of the notice without payment or rectification.
D) The mortgagor must agree to the sale price.
Correct Answer:
Verified
Correct Answer:
Verified
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