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AfilCa [17]
4 years ago
13

One state is a lien theory state. A buyer purchases property from a seller and gives him a mortgage as part of the purchase pric

e. Therefore, the buyer is the borrower, and the seller is the lender. Which of these statements is FALSE?
a. The buyer retains equitable title to the property.
b. If the buyer defaults on the loan, the seller must undergo a formal foreclosure proceeding to recover the security.
c. The buyer has given legal title to the seller.
d. The seller has only a lien interest in the property.
Social Studies
1 answer:
Artyom0805 [142]4 years ago
7 0

Answer:

c.

Explanation:

Based on the information provided within the question the only statement that is false is that the buyer has given legal title to the seller. This is not the case since the state is a lien theory state. This means that the buyer becomes a lien on the property while he is making the mortgage payments on the house and holds the deed but the title is held by the property owner. When all the payments are made then the buyer becomes the new owner and is no longer the lien.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Answer:

<h2>Hope This Helps</h2>

Pershing, in full John Joseph Pershing, byname Black Jack, (born September 13, 1860, Laclede, Missouri, U.S.—died July 15, 1948, Washington, D.C.), U.S. Army general who commanded the American Expeditionary Force (AEF) in Europe during World War I

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<em>if this helps, leave a 5 star rate!</em>

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Orlando, age 82, is asked to describe important life events, noting the age at which each occurred. among remote events recall,
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<span>Orlando is most likely to focus on events that occurred between ages 10 and 30. The memory is divided into long and short-term memory. To learn it is necessary to pass information from short-term memory to long-term memory. <span>Between 10 and 30 years is easier to perform this process is why in old age is more likely to remember situations that occurred decades ago to situations that occurred more recently.

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4 0
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Techniques used to rank individuals according to social class are a. reputational. c. objective. b. subjective. d. all of the ab
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<h3>What is the difference between the three?</h3>

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Thus, Option D is the correct option that is all of the above.

For more information about Social Class refer to the link:

brainly.com/question/15291798

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2 years ago
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Answer:

it would be A) The Ottoman Collapse caused a lack of political unity in the region

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