Multiple Choice
Which of the following is true of mortgage?
A) Improvements cannot be mortgaged separate from the land.
B) The mortgagee normally retains possession of the property.
C) A person who gives a mortgage as a security for a debt is a mortgagee.
D) A mortgage constitutes the security of the debt.
Correct Answer:
Verified
Correct Answer:
Verified
Q10: When a property is subject to a
Q11: When a mortgage is assigned: <br>A)the assignee
Q12: Real property law exempts mortgages from the
Q13: The first mortgage takes precedence over the
Q14: A mortgagor has the right to rents
Q15: A mortgagor has the right to sell
Q16: Several agencies of the federal government offer
Q17: Which of the following is true of
Q18: A mortgagee normally retains possession of the
Q20: Which of the following best describes a