If Mortgagors Sell the Interest in Their Property Without the Consent

question 47

Multiple Choice

If mortgagors sell the interest in their property without the consent of the mortgagee, _____.

• A) they have acted illegally
• B) the sale does not affect the mortgagee's interest in the property
• C) the mortgagee will lose his or her interest in the property
• D) the mortgagee will lose all claims against the mortgagor

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Definitions:

Tribal Land

Land that is owned, used, or occupied by Indigenous tribes or communities, often recognized by governmental authorities for self-governance and cultural preservation.

Assimilation

The process by which individuals or groups adapt to the culture, beliefs, and practices of a dominant group, losing their original identity.

Eastern European Immigrants

Individuals who have migrated from Eastern European countries to other parts of the world, often for economic, political, or social reasons.

Categorized

The act of classifying or grouping items, people, or phenomena based on shared characteristics or attributes.