Solved

After a Default and Pursuant to an Application by a Mortgagee

Question 102

Multiple Choice

After a default and pursuant to an application by a mortgagee, the court will issue a preliminary order of ________, setting a time limit within which time the mortgage must be redeemed by paying what is in arrears, rectifying any other mortgage defaults, and in some cases, costs.


A) foreclosure
B) debt
C) judicial sale
D) redemption period
E) quantum meruit

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions