Solved

Vigo Has Just Decided on a New House to Buy

Question 3

Multiple Choice

Vigo has just decided on a new house to buy and is getting ready to sign the mortgage contract.Which of the following should Vigo not expect to see?


A) A term stating that if Vigo misses a single payment,he must immediately repay the full amount of the loan
B) A term stating that the mortgagee has the option to request additional payments after the debt has been repaid
C) A term indicating that the mortgagee is entitled to a certain amount of money to pay taxes
D) A term requiring fire insurance on the property
E) A term prohibiting Vigo from killing the grass on the property

Correct Answer:

verifed

Verified

Related Questions