The Parties to a Mortgage Are Called

question 62

Multiple Choice

The parties to a mortgage are called

• A) mortgagor and grantor.
• B) mortgagee and beneficiary.
• C) beneficiary and trustee.
• D) mortgagor and mortgagee.

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Definitions:

Authority

The power or right to give orders, make decisions, and enforce obedience, often associated with a position of leadership or governance.

Obedience

The act of following orders or commands from someone in authority, often studied in social psychology.

Technique

A systematic procedure, method, or art applied by a particular task, performance, or craft.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms or pressures.