Giving protection to a buyer


Assignment:

Q1. Thornton signed a contract with Grey to buy Grey’s land. A title search showed that a prior owner had an interest in the land because he held a mortgage on it. Thornton refused to go through with the purchase because of the presence of the mortgage lien. Is he correct?

Q2. What type of deed gives the greatest protection to a buyer?

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Business Law and Ethics: Giving protection to a buyer
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