• 2022-06-05
    Which of the following is true of a mortgage ______.
    A: The mortgagee retains possession of the mortgaged property
    B: The mortgagor retains possession of the mortgaged property
    C: The lender acquires the right to retain the mortgaged property until the mortgage debt is repaid
    D: None of the above
  • B

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    • 0

      Adverse possession is a means of gaining ownership of real property without the consent of the owner,

    • 1

      Which of the following are true of mortgages? A: A mortgage is a long-term loan secured by real estate B: A borrower pays off a mortgage in a combination of principal and interest payments that result in full payment of the debt by maturity C: Over 72 percent of mortgage loans finance residential home purchases D: All of the above are true of mortgages

    • 2

      The house in mortgaged to the bank for twenty thousand dollars. A: sold B: connected C: placed under lien D: to pay the debt

    • 3

      The house is mortgaged to the bank for twenty thousand dollars. A: sold B: connected C: placed under lien D: to pay the debt

    • 4

      Some new______she has bought for her new flat should be seen as well-designed. A: furniture B: property C: possession D: belongings