Multiple Choice
August 1, 2019 - Mortgage recorded
January 3, 2020 - Lien recorded
January 31, 2020 - Owner conveys to buyer; buyer records
These transactions take place in a notice/race state. If the owner defaults on the mortgage, who gets the property?
A) The buyer
B) The mortgage company
C) The owner
D) The bankruptcy trustee for the owner
Correct Answer:
Verified
Correct Answer:
Verified
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