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Jintao has borrowed a large amount from Big Bank, with the loan secured by a mortgage over her house. Part of the documents Jintao signed
Jintao has borrowed a large amount from Big Bank, with the loan secured by a mortgage over her house. Part of the documents Jintao signed mention an indemnity, and Jintao's Uncle Arthur also had to sign, to guarantee the loan.
- Required: Explain for Jintao the legal relationships created by the mortgage, indemnity and guarantee, including the implications for Jintao of Big Bank registering their mortgage on the appropriate register.
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