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MMLU-Pro / 1830 / A homeowner gave his friend a mortgage on his property to secure a loan from the…

Problem

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question

A homeowner gave his friend a mortgage on his property to secure a loan from the friend to the homeowner in the amount of 100,000.Thehomeownerthengivesaninvestoramortgageonthepropertytosecurealoanfromtheinvestortothehomeownerintheamountof100,000. The homeowner then gives an investor a mortgage on the property to secure a loan from the investor to the homeowner in the amount of 80,000. The friend then records his mortgage. The homeowner then gives a bank a mortgage on the property to secure a loan from the bank to the homeowner in the amount of 50,000.Theinvestorthenrecords.Thebankthenrecords.Thehomeownerlosthisjobandwasunabletopaythemortgagesontheproperty.Inaforeclosureproceedinginwhichthefriend,theinvestor,andthebankwereparties,thepropertysoldfor50,000. The investor then records. The bank then records. The homeowner lost his job and was unable to pay the mortgages on the property. In a foreclosure proceeding in which the friend, the investor, and the bank were parties, the property sold for 160,000. The recording statute in this jurisdiction provided "unless recorded, all written instruments affecting title to land are void as to subsequent purchasers who paid value and without notice. "What dollar amount, if any, should go to the friend?
Plain-text mathematical notation (without MathML)
A homeowner gave his friend a mortgage on his property to secure a loan from the friend to the homeowner in the amount of 100,000.Thehomeownerthengivesaninvestoramortgageonthepropertytosecurealoanfromtheinvestortothehomeownerintheamountof80,000. The friend then records his mortgage. The homeowner then gives a bank a mortgage on the property to secure a loan from the bank to the homeowner in the amount of 50,000.Theinvestorthenrecords.Thebankthenrecords.Thehomeownerlosthisjobandwasunabletopaythemortgagesontheproperty.Inaforeclosureproceedinginwhichthefriend,theinvestor,andthebankwereparties,thepropertysoldfor160,000. The recording statute in this jurisdiction provided "unless recorded, all written instruments affecting title to land are void as to subsequent purchasers who paid value and without notice. "What dollar amount, if any, should go to the friend?
Original LaTeX notation
A homeowner gave his friend a mortgage on his property to secure a loan from the friend to the homeowner in the amount of $100,000. The homeowner then gives an investor a mortgage on the property to secure a loan from the investor to the homeowner in the amount of $80,000. The friend then records his mortgage. The homeowner then gives a bank a mortgage on the property to secure a loan from the bank to the homeowner in the amount of $50,000. The investor then records. The bank then records. The homeowner lost his job and was unable to pay the mortgages on the property. In a foreclosure proceeding in which the friend, the investor, and the bank were parties, the property sold for $160,000. The recording statute in this jurisdiction provided "unless recorded, all written instruments affecting title to land are void as to subsequent purchasers who paid value and without notice. "What dollar amount, if any, should go to the friend?

category

law

options

  1. $100,000. 00
  2. $90,000.00
  3. $160,000.00
  4. $0. 00
  5. $70,000.00
  6. $60,000.00
  7. $20,000.00
  8. $50,000.00
  9. $80,000. 00
  10. $30,000. 00

src

ori_mmlu-professional_law

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Source and history

upstream_id / Original problem ID
1830
task_id
05278b45-9d59-5d47-8053-a526efe70789
task_key
default--test--1830
task_revision_id
1
config / split
default / test

Official source

initial import