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    Essentials of Business Law and the Legal Environment Study Set 2
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    Exam 49: Transfer and Control of Real Property
  5. Question
    Foreclosure Is an Action Through Which the Mortgage Holder Takes
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Foreclosure Is an Action Through Which the Mortgage Holder Takes

Question 63

Question 63

True/False

Foreclosure is an action through which the mortgage holder takes the property from the mortgagor, ends the mortgagor's rights in the property, and sells the property to pay the mortgage debt.

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