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Author Question: August 1, 2012 - Mortgage recorded January 3, 2013 - Lien recorded January 31, 2013 - Owner conveys ... (Read 305 times)

Jipu 123

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August 1, 2012 - Mortgage recorded January 3, 2013 - Lien recorded January 31, 2013 - Owner conveys to buyer; buyer records These transactions take place in a notice/race state. If the owner defaults on the mortgage, who gets the property?
 A)The buyer
 B)The mortgage company
 C)The owner
 D)None of the above

Question 2

The Fifth Amendment of the U.S. Constitution affords landowners protection in eminent domain proceedings from the federal government.
  Indicate whether the statement is true or false



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jlaineee

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Answer to Question 1

B

Answer to Question 2

TRUE





 

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