Which of the Following Is Not True Regarding a Charge

question 42

Multiple Choice

Which of the following is not true regarding a Charge and Mortgage?

• A) The remedy for a default under a Charge is the sale of the land that is charged.
• B) Under the land titles system, mortgages are called charges.
• C) A Charge is a lien upon the land.
• D) A Charge is conveyance of the legal title.
• E) A mortgage is the conveyance of the legal title as security for a debt.

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