A mortgagee has the right to declare the entire loan amount due immediately because the mortgagor is in default through a provision in the mortgage known as:

A. Foreclosure clause
B. Acceleration clause
C. Habendum clause
D. Default clause


B

Legal Studies & Paralegal

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Procedural law includes the rules for filing a lawsuit.?

Answer the following statement true (T) or false (F)

Legal Studies & Paralegal

Greg enters into a lease. At one point, he is considered a holdover tenant. What type of leasehold estate is most likely present?

A. Tenancy for years B. Tenancy at will C. Tenancy by sufferance D. Periodic tenancy

Legal Studies & Paralegal

In lieu of statutes of limitations, lawsuits againstgovernmental entities must meet time requirements found in ________ statutes.

Fill in the blank(s) with the appropriate word(s).

Legal Studies & Paralegal

Because of the unity of person at common law, the legal identity of a wife was __________ into the legal identity of the husband. 

Fill in the blank(s) with the appropriate word(s).

Legal Studies & Paralegal