An estoppel may prevent a person from denying a fact because of that person's own conduct, admission, or previous position.
An executor is the person named in a will to carry out its directions.
A mortgagee is the borrower who gives a mortgage to the lender.
A grantor is the person who conveys real property.
Official source: Notary Public License Law (March 2026)
Reference: Legal Terms & Definitions
Source checked September 7, 2026 · Answer reviewed September 7, 2026
Correct Answer
C. A mortgagee is the borrower who gives a mortgage to the lender.
Detailed Explanation
Mortgagee and mortgagor are easy to reverse. In standard usage reflected in the booklet, the mortgagee is the lender or party receiving the mortgage interest, while the mortgagor gives it. Not to be confused with grantor and grantee, which are conveyance terms rather than mortgage-role terms.
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