the clause in a mortgage that best describes the requirement of the mortgagee to execute a satisfaction of mortgage when the note has been fully paid is

Question

02-09-2022
Business

Answered

Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Join our Q&A platform and connect with professionals ready to provide precise answers to your questions in various areas. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

the clause in a mortgage that best describes the requirement of the mortgagee to execute a satisfaction of mortgage when the note has been fully paid is

Sagot :

We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.

Beekeeping, also known as apiculture, is the cultivation and management of bee colonies for the production of honey, beeswax,pollen, and other useful products.

The probability that the San Jose Sharks will win any given game is 0.3694 based on a 13 year win history of 382 wins out of 1,034 games played (as if a certain

The removal of any evidence from a person or from the crime scene of a crime must be in accordance with proper search and seizure procedures.A) True B) False

ln 10/9 in log 3 and log 10

Minnie Fisher Cunningham is most notable for.A leading Texas suffragistsB) organizing farm labor protests during the Great Depressionheading the most profitable

Graphs of the velocity functions of two particles are shown, where t is measured in seconds.. (image displayed) When is the particle speeding up? (Enter your a

According to general systems theory, each system has _____ that define its information flow and allow it to maintain its structure while the system interacts wi

How does the poet's use of images in lines 34-41 help to develop a theme of the poem ? my father. a tree.

If a writer is searching for recent legal cases or law reviewarticles about gun violence, which database would probablybe most helpful to start with?InfoTracJST

Technician A says that a remote foot pedal may be used to adjust the welding current. Technician B says that a remote hand control may be used to adjust the wel

Tutorconsortium349 Tutorconsortium349 · Answer 1 · 2022-09-07T09:00:58-04:00

The clause in a mortgage that best describes the requirement of the mortgagee to execute a satisfaction of mortgage when the note has been fully paid is defeasance

What Is Defeasance?

When the borrower sets aside cash or bonds big enough to pay the obligation, the contract's defeasance clause renders the bond or loan worthless on the balance sheet. The outstanding debt and cash balance on the balance sheet are equal, thus they do not need to be reported because the borrower sets aside funds to pay down the bonds.

Buying commercial real estate is one instance of using defeasance. Due to commitments to bondholders having a stake in the commercial mortgage-backed securities (CMBS) that houses the loan, commercial loans may have hefty prepayment penalties in contrast to home mortgages.

To learn more about defeasance from given link

https://brainly.com/question/17253783

#SPJ4

Sagot :

What Is Defeasance?

Other Questions