Multiple Choice
If all parties to a lease or a mortgage are each responsible for 100% of the obligation, they are considered:
A) severally liable
B) tenants in common
C) jointly and severally liable
D) fee simple owners
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q64: A claim against both personal and real
Q65: A legal description must enable a qualified
Q66: The federal law that regulates the activities
Q67: A _ broker represents neither the buyer
Q68: _ is the legal term for a
Q70: Define fixture.
Q71: Real Estate records ( deeds, deeds of
Q72: Security Deposits on rentals are given for
Q73: Explain a closing in escrow.
Q74: The deed with the most comprehensive warranties