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In order to purchase an interest in a piece of land called Blackacre, Rihannon borrowed $100000 from Nick. As security for the repayment of that
In order to purchase an interest in a piece of land called Blackacre, Rihannon borrowed $100000 from Nick. As security for the repayment of that loan, she entered into a mortgage over a piece of property. Which of the following statement is true?
A) The transaction must have occurred in a registry system.
B) It is possible that Rihannon gave a mortgage over a diamond ring that she owned.
C) Rihannon must purchase free simple in Blackacre.
D) Rihannon must purchase Blackacre from Nick.
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