A benefit which owners of one piece of property have over an adjoining piece of property is known as: Select one: 0 A Right of Way 0 A Lease O An Easement O A Conditional Agreement If the purchaser assumes the vendor's mortgage, the vendor will: Select one: Q Remain on title O Become the mortgagee 0 Transfer his/her debt to the purchaser O Pay off his/her debt to the bank Form A is executed by: Select one: Q The lawyer O The seller 0 The purchaser O The lender The letter of undertaking is signed by: Select one: Q The lawyer O The seller 0 The purchaser O The lender Form B is executed by: Select one: Q The lawyer O The seller 0 The purchaser O The lender The document which represents a loan secured by land is a: Select one: Q Mortgage 0 Caveat 0 Certificate of Pending Litigation 0 Lien A home owner may have his/her property taxes reduced if: Select one: Q He/she is the sole owner 0 He/she resides in the property 0 He/she rents the property 0 He/she is the landlord If the vendor is the mortgagee, then the situation must be: Select one: Q Assumed Mortgage 0 Mortgage Back to Vendor O Existing Mortgage 0 N.H.A Mortgage Property taxes are determined: Select one: 0 Monthly O Annually O Semi-annually O At sale