Brooklyn went into default on her home loan. Her lender decided to foreclose on the property. To do so, the lender had to take Brooklyn to court to enforce the mortgage lien. What can you deduce from this process? that she failed to obtain the correct estoppel letter that she lives in a title theory state that she lives in a lien theory state sorummmm 39999 that her due on sale clause has been enforced

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Brooklyn went into default on her home loan. Her lender
decided to foreclose on the property. To do so, the lender had
to take Brooklyn to court to enforce the mortgage lien. What
can you deduce from this process?
that she failed to obtain the correct estoppel letter
that she lives in a title theory state
that she lives in a lien theory state
sorummmm
39999
that her due on sale clause has been enforced
Transcribed Image Text:Brooklyn went into default on her home loan. Her lender decided to foreclose on the property. To do so, the lender had to take Brooklyn to court to enforce the mortgage lien. What can you deduce from this process? that she failed to obtain the correct estoppel letter that she lives in a title theory state that she lives in a lien theory state sorummmm 39999 that her due on sale clause has been enforced
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