Multiple Choice
The action through which the mortgage holder takes the property from the mortgagor, ends the mortgagor's rights in the property, and sells the property to pay the mortgage debt is known as:
A) foreclosure.
B) equity of redemption.
C) adverse possession.
D) execution of a deed of trust.
Correct Answer:

Verified
Correct Answer:
Verified
Q22: The power to convert private property to
Q25: The UCC applies to real estate mortgages
Q78: Deeds must describe the land conveyed, describe
Q79: Controls that apply to the use of
Q80: Jan owns lots in the Cruz neighborhood,
Q81: The traditional common law rule regarding the
Q83: Because documents affecting ownership of property are
Q84: A deed containing a number of promises
Q87: The Fair Housing Act is Title VIII
Q88: Title insurance policies may be issued to