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If Mortgagors Sell the Interest in Their Property Without the Consent

Question 3

Multiple Choice

If mortgagors sell the interest in their property without the consent of the mortgagee:


A) they have acted illegally.
B) the sale does not affect the mortgagee's interest in the property.
C) the mortgagee will lose his/her interest in the property.
D) the mortgagee will lose all claims against the mortgagor.

Correct Answer:

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