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A Mortgage Covering the Loan Arranged by Kryhalla Spa Inc

Question 1

Multiple Choice

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


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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