Asked by
Xavier Baldwin
on Dec 18, 2024
Verified
As long as money is owing, the lender under the mortgage owns the lands.
Lender
An individual, institution, or entity that provides funds to another with the expectation that the funds will be repaid, often with interest.
Mortgage Owes
Refers to the outstanding balance or the amount still owed by a borrower on their mortgage loan.
- Investigate the privileges and responsibilities of participants in mortgage agreements.
Verified Answer
BS
Learning Objectives
- Investigate the privileges and responsibilities of participants in mortgage agreements.
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