When a Mortgage Is Assigned: ​

question 11

Multiple Choice

When a mortgage is assigned: ​

• A)the assignee attains greater rights than the assignor had.
• B)the assignor should require the assignee to produce an estoppel certificate.
• C)the assignee should have the assignment recorded.
• D)the last party to record an assignment has preference when there is more than one assignment.

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Definitions:

Thurstone Scales

A psychometric scale developed by L. L. Thurstone, used to measure attitudes by asking respondents to agree or disagree with a series of statements, each weighted according to their position on an agree-disagree continuum.

Likert Scale

A Likert scale is a psychometric scale commonly involved in research that employs questionnaires. It is the most widely used approach for scaling responses in survey research, such that the term is often used interchangeably with rating scale, even though the two are not synonymous.

Aptitude

A natural ability to do something or to learn something.

Disrespect

The act or feeling of showing a lack of respect or courtesy towards someone or something.