The right of the mortgagee to redeem or get back title to a property he or she has defaulted on before the foreclosure sale actually takes place. Requires the mortgagee to pay back payments and bring the mortgage current.
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Definition of redemption, equitable right of: The right of the mortgagee to redeem or get back title to a property he or she has defaulted on before the foreclosure ...
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Definitions. A mortgagor who has defaulted on a mortgage obligation has the right to get back or recapture his property's title if he pays off the entire mortgage ...
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... a mortgage holder obtains a court-ordered termination of a mortgagor's equitable right of redemption. Equitable right of redemption is the right of a mortgagor, ...
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REDEMPTION, EQUITABLE RIGHT OF - The right of a mortgagor who has defaulted on the mortgage note to redeem or get back his title to the property by ...
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REDEMPTION, EQUITABLE RIGHT OF - The right of a mortgagor who has defaulted on the mortgage note to redeem or get back his title to the property by ...
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REDEMPTION, EQUITABLE RIGHT OF - The right of a mortgagor who has defaulted on the mortgage note to redeem or get back his title to the property by ...
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REDEMPTION, EQUITABLE RIGHT OF - The right of a mortgagor who has defaulted on the mortgage note to redeem or get back his title to the property by ...