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) an executed deed of trust.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q8: A deed is not effective to transfer
Q11: Ellen's driveway is actually on Richard's land,
Q32: An uncommon but possible way to obtain
Q33: An oral agreement for the sale of
Q35: Lou fails to pay the property taxes
Q37: Quiang's mortgage contract contains a provision that
Q51: A buyer of real estate subject to
Q56: Foreclosure is an action through which the
Q79: Title to land may be transferred by
Q88: Title insurance policies may be issued to