Foreclosure Sale
This trap appears as a wrong-answer choice in 1 active question. Spotting how it is built is the repair: read each example's “why it's attractive” before the “why it's wrong.”
Subject distribution
- Real Property1
Example wrong choices
22062_private_bookshop_omitted_mortgagee · REAL_PROPERTY · Choice AYes, because Grace Finance's mortgage was used to finance Mary's purchase of the building.
Why it's attractive
The answer says yes but points to the wrong survival fact.
Why it's wrong
The answer says yes but points to the wrong survival fact.
22062_private_bookshop_omitted_mortgagee · REAL_PROPERTY · Choice BNo, because Grace Finance waited until after Cedar Bank recorded before recording its mortgage.
Why it's attractive
The recording fact is real, but the answer uses it to erase too much.
Why it's wrong
The recording fact is real, but the answer uses it to erase too much.
22062_private_bookshop_omitted_mortgagee · REAL_PROPERTY · Choice DNo, because Stephen bought the building at the foreclosure sale without knowing about Grace Finance's mortgage.
Why it's attractive
The purchaser's knowledge is not the fact that decides whether the foreclosure bound Grace Finance.
Why it's wrong
The purchaser's knowledge is not the fact that decides whether the foreclosure bound Grace Finance.
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