CHAPTER 19

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1. A paralegal is

a lender who receives a mortgage
the owner of land that is leased
one who performs legal work under the supervision of a practicing lawyer
the occupier of land that is leased
a borrower who grants a mortgage

2. A mortgagor is

a lender who receives a mortgage
the owner of land that is leased
one who performs legal work under the supervision of a practicing lawyer
the occupier of land that is leased
a borrower who grants a mortgage

3. A mortgagee is

a lender who receives a mortgage
the owner of land that is leased
one who performs legal work under the supervision of a practicing lawyer
the occupier of land that is leased
a borrower who grants a mortgage

4. A tenant is

a lender who receives a mortgage
the owner of land that is leased
one who performs legal work under the supervision of a practicing lawyer
the occupier of land that is leased
a borrower who grants a mortgage

5. A landlord is

a lender who receives a mortgage
the owner of land that is leased
one who performs legal work under the supervision of a practicing lawyer
the occupier of land that is leased
a borrower who grants a mortgage

6. Provinces using the ?registry system? for registration of interests in real property include

New Brunswick
Saskatchewan
Alberta
British Columbia
all of the above

7. A mortgagee that terminates the mortgagor's interest in the land by taking possession is exercising its right of

distress
foreclosure
sale
damages for breach
specific performance

8. A machine that is cemented into the floor of a factory is

a fixture
a part of the land
included in the security held by the mortgagee
a & c
all of the above

9. A person who purchases a lot in a residential subdivision is generally

lessee in possession
lessor in possession
owner in fee simple
owner in right of the province
tenant at suffrance

10. When a tenant has a commercial lease from year to year and the year comes to an end without any discussion between the parties and no notice having been given by either party

the landlord has a legal right to evict the tenant
the landlord is prevented from selling the property
the lease is automatically renewed for another year
the tenant has a right to vacate immediately without any penalty
the tenant is entitled to remain in the premises, but the rent can be increased by the landlord without notice