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Mortgage: Quiz


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Question 1: ________ of that lien almost always requires a judicial proceeding declaring the debt to be due and in default and ordering a sale of the property to pay the debt.
Common lawForeclosureMortgageReal estate bubble

Question 2:
What role did Bob Ellis play in the movie Mortgage?
George Shooks
Jack Napper
Dave Dodd
Philosophical Drunk

Question 3:
Who played Dave Dodd the movie Mortgage?
Andrew S. Gilbert
Brian Vriends
Brian Vriends
Paul Coolahan

Question 4:
Who played Kevin Grant the movie Mortgage?
Andrew S. Gilbert
Bruce Venables
Brian Vriends
Andrew S. Gilbert

Question 5: This comes from the ________ "dead pledge," apparently meaning that the pledge ends (dies) either when the obligation is fulfilled or the property is taken through foreclosure.
French languageOld FrenchEnglish languageRomance languages

Question 6: Otherwise, the debtor usually runs the risk of ________ of the mortgage by the creditor to recover the debt.
Real estate bubbleLienCommon lawForeclosure

Question 7: In most jurisdictions mortgages are strongly associated with loans secured on ________ rather than on other property (such as ships) and in some jurisdictions only land may be mortgaged.
OwnershipCondominiumAllodial titleReal estate

Question 8: In other words, the mortgage is a security for the loan that the lender makes to the ________.
Bond (finance)LoanCredit (finance)Debt

Question 9: Because of the complex nature of many markets the debtor may approach a mortgage broker or ________ to help him or her source an appropriate creditor, typically by finding the most competitive loan.
Financial adviserPersonal financeFinancial plannerPawnbroker

Question 10: Because of the complicated legal exchange, or ________, of the property, one or both of the main participants are likely to require legal representation.
Title (property)ConveyancingMortgageAdverse possession

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