26. Define and explain equity of redemption.

27. Define and explain foreclosure of mortgages.

TRUSTS

1. Define trusts of property.

2. Classify trusts.

3. Define grantor of a trust.

4. Define and give an example of settlor of a trust.

5. Define and give an example of a trustee of a trust.

6. Define and distinguish beneficiary of a trust, and cestui que trust.

7. What classes of persons may be parties to a trust?