Question
Which of the following is true? A second mortgagee: -has no legal recourse if the mortgagor defaults. -has an absolute right to take title upon
Which of the following is true?
A second mortgagee:
-has no legal recourse if the mortgagor defaults.
-has an absolute right to take title upon the mortgagor's default.
-has the same rights as the first mortgagee.
-cannot take possession of a property in default.
-has the ability to take title on default subject to repaying the amount owed to the first mortgagee.
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Understanding Immigration Law And Practice
Authors: Ayodele Gansallo, Judith Bernstein-Baker
2nd Edition
154381378X, 978-1543813784
