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Assignments Hensley purchased a house however was unable to pay the full purchase price. She rented funds form Thrift savings and loan, which in turn took an advance at 6.5 percent interest on the house. The mortgage contract didn't prohibit the assignment of the mortgage. Hensley tenable a job in another city as well as sold the house to sylvia. The purchase price comprised payment to Hensley of the value of her equity as well as assumption of the mortgage debt still owed to Thrift. At the time the contract among Hensley and Sylvia was made, thrift didn't know about or consent to the sale. Based on these facts if sylvia evasions in making the house payments to Thrift what are Thrifts rights?

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Business Management, Management Studies

Category:- Business Management
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