What is the statutory period of redemption?
A) The time limit that a trustee can claim legal title to the real property.
B) The time allotted to a mortgagor to keep the property even after foreclosure.
C) The time by which the mortgagor has to pay his debts.
D) The time allotted by which a mortgagee must start legal proceedings against a defaulter.
Correct Answer:
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