This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is false with regard to mortgages on land? (Read 33 times)

mspears3

  • Hero Member
  • *****
  • Posts: 586
Which of the following is false with regard to mortgages on land?
◦ The right to foreclose is a remedy from the court of equity that allowed the mortgagee the right to end the mortgagor's equitable right to redeem the property after default.
◦ The courts of equity have given the borrower (mortgagor) the right to redeem his property even after default if he makes the appropriate payments.
◦ If the borrower (the mortgagor) is paying and otherwise honouring the terms of the mortgage, he is entitled to no interference with his use of the property by the mortgagee.
◦ A mortgage is a contract between a lender and a borrower that provides that the borrower not only gives the lender his promise to pay but also grants the lender title to his real property to hold as security.
◦ A second or third mortgagee is not affected if the first mortgagee obtains an order of foreclosure.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mspears3 on Aug 7, 2021

bbburns21

  • Sr. Member
  • ****
  • Posts: 336
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




mspears3

  • Member
  • Posts: 586
Reply 2 on: Aug 7, 2021
Gracias!


dyrone

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

 

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

For a complete list of videos, visit our video library