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________ Is the Process of Taking Possession of the Mortgaged

Question 59

Multiple Choice

________ is the process of taking possession of the mortgaged property to satisfy the debt in the event of failure to repay the mortgage and foregoing claim to any deficiency.


A) Perfecting collateral
B) Foreclosure
C) Power of sale
D) Conditions precedent
E) Lien enforcement

Correct Answer:

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