The legal means of requiring that real property conveyed in a mortgage be sold and the proceeds used to pay the debt is called foreclosure.
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Q21: An oral guaranty is enforceable.
Q22: The mortgagor of a mortgage is the
Q23: The penalty for usury in some states
Q24: A mortgage cannot be given to secure
Q25: Most notes are witnessed and notarized.
Q27: Power of sale foreclosure is generally a
Q28: A guaranty of a note must be
Q29: The mortgagee of a mortgage is the
Q30: A promise to pay the debt of
Q31: All foreclosures must take place through judicial
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