Exam term
Foreclosure
The legal process of enforcing a lien by selling or taking the property. Default alone does not transfer title.
Lessons that use this term
- Liens: mechanics' liens, judgments, tax liens, assessments, and priority California
- Default, foreclosure, reinstatement, and anti-deficiency rules in California California
- Title and how it is acquired: voluntary and involuntary alienation Florida
- Lien and title theory, promissory notes, and mortgages Florida
- The mortgage and note, the mortgagor's duties, selling mortgaged property, and recording New York
- Transfer of title: voluntary and involuntary alienation Texas