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QUESTION 9

Which of the following is not a characteristic of a notarial bond?

A.
It is registered against specific corporeal immovable property of the mortgagor.

B.
It is registered as security for the payment of the principal debt of the mortgagee.

C.
Once registered, it grants the mortgagee a limited real right to the object of the security.

1 answer

B. It is registered as security for the payment of the principal debt of the mortgagee.
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