If a Mortgagee Does Not Register the Mortgage,the Mortgagee

question 34

Multiple Choice

If a mortgagee does not register the mortgage,the mortgagee

• A)loses the right to foreclose on the property.
• B)loses the right to sue the mortgagor.
• C)cannot enforce the mortgage against the property if it is sold.
• D)loses the right to have a court-supervised sale.
• E)all of the above

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Definitions:

Cyber Crimes

Illegal activities conducted through the internet or other forms of digital communication, including hacking and identity theft.

Computers

Electronic devices designed to process, store, and output data according to instructions given to them in the form of programs.

Internet

A global network of interconnected computers and servers that enables the exchange of data and communication.

Currency Transactions

Financial activities involving the exchange of one nation's currency for another or the movement of money between currencies.