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Gladys wants to purchase Ken's home and assume his mortgage from Bank of Vancouver, which has an excellent interest rate of 5%. Can the mortgage
Gladys wants to purchase Ken's home and assume his mortgage from Bank of Vancouver, which has an excellent interest rate of 5%. Can the mortgage be assumed? Yes, if Gladys gives the Bank of Vancouver notice of the assignment. Yes, if Ken gives the Bank of Vancouver notice of the assignment Yes, if Ken obtains the consent of the Bank of Vancouver to the assignment. No, the Bank of Vancouver must discharge the mortgage. Yes, if Ken obtains consent of the Bank of Vancouver to the sale and assignment of mortgage
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