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

Author Question: In an assumption, the buyer is personally liable to the mortgagee. Indicate whether the statement ... (Read 91 times)

Jramos095

  • Hero Member
  • *****
  • Posts: 528
In an assumption, the buyer is personally liable to the mortgagee.
  Indicate whether the statement is true or false

Question 2

A state has just passed a statute that eliminates the hearing required before a mortgage foreclosure sale. Are there any problems with such a statute?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

CharlieArnold

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

TRUE

Answer to Question 2

The statute violates the constitutional protections of due process. A state law cannot take away the constitutionally given rights.




Jramos095

  • Member
  • Posts: 528
Reply 2 on: Jun 24, 2018
Wow, this really help


LVPMS

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

For a complete list of videos, visit our video library