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A Mortgagor's Payment of the Debt Does Not Divest the Lien

question 18

True/False

A mortgagor's payment of the debt does not divest the lien of the mortgagee.


Definitions:

Foreclosed

A legal process where a borrower's right to a property is terminated, usually due to failure to meet the repayment terms of a loan secured by that property.

Empty Nest Syndrome

Feelings of sadness or emotional distress affecting parents after their children have grown up and left home.

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